If the Average Variable Cost Curve Is Below the Marginal

question 363

Multiple Choice

If the average variable cost curve is below the marginal cost curve, then

• A) marginal costs must be decreasing.
• B) marginal costs must be increasing.
• C) marginal costs can be either increasing or decreasing.
• D) average variable costs must be decreasing.

---

Definitions:

Empathy And Compassion

The practice of understanding another's feelings and experiences combined with a desire to help alleviate their distress.

Intensity Continuum

A scale or range that measures the degree or level of force, energy, activity, or emotional expression.

Collaboration

Working together cooperatively and cohesively towards a common goal, often involving shared responsibilities and decision-making.

X-Y-Z Statement

A communication tool that describes a situation (X), the impact of that situation (Y), and the feelings or needs of the speaker (Z).