If the Marginal Cost Curve Is Below the Average Variable

question 265

Multiple Choice

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

• A) average variable cost is increasing.
• B) average variable cost is decreasing.
• C) average variable cost is constant.
• D) marginal cost is increasing.

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Definitions:

System Software

The software designed to provide a platform for other software. Examples include operating systems, computational science software, game engines, industrial automation, and software as a service applications.

Blackboard

A learning management system (LMS) or a physical surface for writing on, depending on the context.

Drawing Software

Computer programs designed to aid in the creation of digital artwork, illustrations, and graphic designs.