-If Average Variable Costs Are Increasing While Average Total Costs

question 262

Multiple Choice

-If average variable costs are increasing while average total costs are decreasing, then

• A) marginal cost must lie between average variable and average total costs.
• B) marginal cost must equal average variable cost.
• C) marginal cost must equal average total cost.
• D) fixed costs must be zero.

---

Definitions:

Cognitive Perspective

Modern perspective in psychology that focuses on memory, intelligence, perception, problem solving, and learning.

Disordered Behavior

Actions or reactions that deviate significantly from what is considered normative or functional in society, often a symptom of mental illness or distress.

Specific Phobia

Fear of objects or specific situations or events.

Social Anxiety Disorder

A chronic mental health condition characterized by an intense, persistent fear of being watched and judged by others in social situations.