If Average Variable Cost Decreases as Output Increases,then

question 78

Multiple Choice

If average variable cost decreases as output increases,then

• A) marginal cost is negative.
• B) marginal cost is decreasing.
• C) marginal cost is less than average variable cost.
• D) marginal cost is greater than average variable cost.

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Definitions:

Intoxicants

Substances that can cause intoxication, impacting mental or physical faculties, including alcohol and narcotics.

Physically Addictive

Refers to substances or behaviors that lead to a physiological dependence, compelling individuals to continue their use or engagement to avoid withdrawal symptoms.

Crack Addiction

A severe substance use disorder resulting from the regular use of crack cocaine, characterized by a powerful, short-term high and significant physical and psychological dependence.

Cocaine

A powerful stimulant drug derived from the leaves of the coca plant, which can cause addiction and severe health consequences.