When the Short-Run Marginal Cost Curve Is Upward-Sloping

question 42

Multiple Choice

When the short-run marginal cost curve is upward-sloping,

• A)The average total cost curve is upward-sloping.
• B)The average total cost curve is above the marginal cost curve.
• C)Diminishing returns occurs with greater output.

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Definitions:

IUPAC Name

The systematic naming of chemical compounds as recommended by the International Union of Pure and Applied Chemistry, ensuring consistency and clarity in chemical nomenclature.

Glutaric Acid

A five-carbon dicarboxylic acid with the formula C5H8O4, involved in amino acid metabolism and found in some plant and animal tissues.

Pent-3-ynoic Acid

Pent-3-ynoic acid is a carboxylic acid with the molecular formula C5H6O2, characterized by a triple bond between the third and fourth carbons and a carboxyl group at the end of the chain.

Compound

A substance formed from two or more elements chemically bonded together in a fixed ratio.