If the Marginal Cost Curve Is Below the Average Variable

question 164

Multiple Choice

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

• A) average variable costs are increasing.
• B) average variable costs are decreasing.
• C) marginal cost must be decreasing.
• D) average variable costs could either be increasing or decreasing.

---

Definitions:

Psychosocial Issues

Concerns or problems relating to both psychological and social aspects, influencing and being influenced by the mental health and well-being of individuals or communities.

Physical Barriers

Obstacles in the environment that limit or prevent physical movement and access, often affecting individuals with disabilities.

Disabilities

A term that encompasses physical, mental, intellectual, or sensory impairments which, in interaction with various barriers, may hinder an individual’s full and effective participation in society on an equal basis with others.

Southeast Asian

Pertaining to the geographical region of Southeast Asia, which includes countries like Thailand, Vietnam, Singapore, Philippines, Indonesia, Malaysia, Myanmar, Cambodia, Laos, and Brunei.