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.

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Definitions:

Disparate-Harm Discrimination

A form of discrimination where a policy or practice affects one group more adversely than another, even if not intentionally discriminatory.

Pension Benefits

Retirement plan benefits, either in lump sum or recurring payments, provided to employees as part of their compensation package.

Employee Pension Plan

An employee pension plan is a retirement plan funded by an employer that provides a fixed payout to retirees, usually based on factors such as salary history and length of employment.