If AFC Is $8 at a Quantity of Output of 1,000

question 6

Multiple Choice

If AFC is $8 at a quantity of output of 1,000 units, and ATC is $12 at the same level of output, it follows that

• A)marginal cost is $10.
• B)AVC is $4,000.
• C)total cost is $4,000.
• D)marginal cost is $1,000.
• E)AVC is $4.

---

Definitions:

Nonconformity

An unconformity in which the older rocks below the unconformity are not layered.

Geologic Relations

The study and understanding of how different geological features and processes are related or connected to each other.

Oldest Unit

This term refers to the earliest or most ancient geological formation or stratum in a given sequence.

Canyon Feature

A deep gorge, usually with a river flowing through it, formed by long-term erosion from water activity.