The Marginal Cost Curve Intersects the Average Total Cost Curve

question 233

True/False

The marginal cost curve intersects the average total cost curve at its minimum point.

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Definitions:

Ralph Nader

An American political activist, author, lecturer, and attorney noted for his involvement in consumer protection, environmentalism, and government reform movements.

Anita Hill

An American lawyer and academic, known for accusing U.S. Supreme Court nominee Clarence Thomas of sexual harassment in 1991.

Clarence Thomas

An Associate Justice of the Supreme Court of the United States, nominated by President George H.W. Bush, and known for his conservative judicial philosophy.

Sexual Harassment

Unwelcome sexual advances, requests for sexual favors, and other verbal or physical harassment of a sexual nature, typically in the workplace or educational settings.