If Marginal Cost Is Above Average Total Cost, Average Total

question 124

True/False

If marginal cost is above average total cost, average total cost must be falling, whether marginal cost is rising or falling.

---

Definitions:

Longest Processing Time

A rule used in scheduling that prioritizes jobs or tasks according to those with the longest duration first.

Lateness

The state of being late or delayed in comparison to a predetermined schedule or deadline.

Job Due Date

The specified deadline by which a job, task, or project is to be completed or delivered.

Production Database

A production database is a collection of organized data that supports a company's active applications and operations, typically requiring high availability and security.