As a Manufacturer Increases Output,which of the Following Costs Should

question 135

Multiple Choice

As a manufacturer increases output,which of the following costs should decrease?

• A)Average total cost.
• B)Average fixed cost.
• C)Marginal cost.
• D)Average variable cost.

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Definitions:

Socially Expected

Behaviors or norms that are anticipated and considered normal within a society or group.

Family Norms

Social rules or standards shared within a family group, guiding behaviors and expectations among its members.

Subsystems

Components or smaller systems that operate within a larger system, each with its role and function.

Secondary Groups

These are groups characterized by more impersonal, less intimate interactions, often formed around tasks and specific objectives.