Which of the Following Is Correct

question 72

Multiple Choice

Which of the following is correct?

• A) A firm's long- run average cost curve is derived from a series of short- run average cost curves.
• B) A firm's long- run total cost is the difference between its long- run fixed cost and long- run variable cost.
• C) A firm's short- run average cost curve is derived from a series of long- run average cost curves.
• D) Both answers A and C are correct.

---

Definitions:

Effective Resumes

Resumes designed to highlight a job seeker's skills, experience, and achievements in a manner that attracts potential employers.

Written Communication

The sharing of information or ideas through written symbols, text, or other visual media.

Functions

Distinct operations or activities that an entity or system is designed to perform.

Delivery Skills

Abilities related to effectively conveying information or presentations to an audience, including clarity, pace, and body language.