If the Marginal-Cost Curve Is Rising, Then So Is the Average-Total-Cost

question 108

True/False

If the marginal-cost curve is rising, then so is the average-total-cost curve.

---

Definitions:

Real Crisis

A genuine and pressing situation that poses a significant threat to individuals or communities, requiring urgent action.

American Education

A system of formal learning in the United States, characterized by K-12 public schooling and a diverse higher education landscape.

Cultural Capital

The non-financial social assets that promote social mobility beyond economic means, such as education, intellect, style of speech, and dress.

Acquire

Acquiring involves obtaining or coming into possession of something, often through purchase, discovery, or transfer.