Use the Following to Answer Questions

question 241

Multiple Choice

Use the following to answer questions:
Figure: Short-Run Costs
-(Figure: Short-Run Costs) Look at the figure Short-Run Costs. B is the _____ cost curve.

• A) average total
• B) average variable
• C) marginal
• D) total

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Definitions:

Concrete External Traits

observable and measurable characteristics of individuals that are tangible and evident in the physical world.

Habituation

A psychological learning process wherein there is a decrease in response to a stimulus after being repeatedly exposed to it.

Egalitarian

A principle or belief in the equality of all people, especially in political, economic, or social life.

Sensitivity

Sensitivity is the capacity of an individual to perceive, feel, or be aware of external stimuli, internal states, or the emotions of others.