If an Increase in Output Results in a Decrease in Average

question 104

Multiple Choice

If an increase in output results in a decrease in average total cost, the corresponding marginal cost is:

• A) less than average total cost.
• B) greater than average total cost.
• C) equal to average total cost.
• D) negative.

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Definitions:

Physeal Fracture

A break in the growth plate of a bone, typically seen in children and adolescents.

Upper End

Refers to the topmost or highest part of something.

Right Femur

The thigh bone located on the right side of the body, which is the longest and strongest bone.

Recheck

The process of examining or assessing something again to confirm its status or condition.