Which Statement Is Not True Regarding the Total Variable Cost

question 43

Multiple Choice

Which statement is not true regarding the total variable cost curve?

• A) It increases as output increases.
• B) It shows the variable cost of production given current factor prices.
• C) It starts at the origin.
• D) It is a horizontal line.

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Definitions:

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The advantages gained by a company when it hires external firms to perform tasks, handle operations or provide services that are either difficult to manage or are outside the company's core competencies.

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A process in energy transfer or digital signal processing that transforms one form of energy or signal directly to another without intermediate steps.

Parallel Conversion

The process of running old and new systems simultaneously during the transition to a new information system.

Open-Source Software

Software with source code that is made freely available for anyone to inspect, modify, and enhance, promoting collaborative development and distribution.