When the Long- Run Marginal Cost Equals the Long- Run

question 123

Multiple Choice

When the long- run marginal cost equals the long- run average cost, the long- run average cost is_______ .

• A)at its minimum
• B)increasing
• C)decreasing
• D)at its maximum

---

Definitions:

Interactive Presentation

A presentation that is a conversation between the speaker and the audience.

Visuals

Pertains to elements that are intended to be seen, such as charts, diagrams, photographs, and videos, which can enhance learning, engagement, or understanding in various contexts.

Audience's Questions

Inquiries posed by listeners or viewers directed towards a speaker, performer, or presenter during or after a presentation or performance.

Persuasive Presentations

Speeches or demonstrations designed to convince or influence the audience to adopt a certain viewpoint or take a specific action.