When Marginal Cost Is Rising, Average Variable Cost

question 249

Multiple Choice

When marginal cost is rising, average variable cost

• A)must be rising.
• B)must be falling.
• C)must be constant.
• D)could be rising or falling.

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Definitions:

Environmental Cleaning

The practice of removing contaminants from the environment, including physical, chemical, and biological pollutants, to maintain public health and ecological balance.

Interest Groups

Organizations formed to influence public policy and decision-making in favor of their members' or supporters' interests.

Technological Commodity

A product or device that is widely available and used, deriving its value from its utility and technological features.

Environmental Racism

The practice of disproportionately situating hazardous waste sites, pollution-emitting industries, or landfills near communities of color or economically disadvantaged groups.