Which of the Following Is True

question 129

Multiple Choice

Which of the following is true?

• A) At some high level of output, AFC is zero.
• B) If the law of diminishing marginal returns did not exist, then the marginal cost curve would not have an upward-sloping portion.
• C) The marginal cost curve cuts the average variable cost curve at its midpoint.
• D) There are no fixed costs in the short run.
• E) none of the above

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Definitions:

Ganglion Cells

Neurons located in the retina that receive visual information from photoreceptors via intermediate bipolar cells and transmit it to the brain.

Optic Nerve

The nerve that transmits visual information from the retina to the brain.

Retina

A layer at the back of the eyeball containing cells that are sensitive to light and trigger nerve impulses that pass via the optic nerve to the brain.

Optic Chiasm

The part of the brain where the optic nerves partially cross, involved in visual processing.