Suppose the Marginal Cost Curve in the Short Run First

question 240

Multiple Choice

Suppose the marginal cost curve in the short run first decreases and then increases. If marginal cost is decreasing, _____ must be _____ and _____ must be _____.

• A) marginal product; increasing; average fixed cost; decreasing
• B) average variable cost; decreasing; average fixed cost; increasing
• C) average total cost; increasing; marginal cost; decreasing
• D) marginal product; increasing; average variable cost; decreasing

---

Definitions:

Conception

The union of a sperm cell and an ovum that occurs when the chromosomes of each of these cells combine to form 23 new pairs.

Infants

Young children from birth to one year of age, who are in the earliest stages of childhood development.

Speech Sounds

The distinct units of sound in a language that distinguish one word from another.

Dendrites

The branched extensions of a neuron that receive signals from other neurons and conduct them toward the cell body.