When Marginal Cost Is Rising

question 222

Multiple Choice

When marginal cost is rising:

• A)average variable cost must be rising.
• B)average total cost must be rising.
• C)average variable cost and average total cost must be falling.
• D)both average variable cost and average total cost may be rising or falling.

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Definitions:

Preconscious

The part of the mind that contains information that is not currently in conscious awareness but can be easily brought into consciousness.

Unconscious

The part of the mind that contains processes and memories not directly accessible to conscious awareness but influencing behavior and emotions.

Displaced

Moved or forced out of a usual or original location, often used to describe people who flee due to conflict or natural disaster.

Unconscious Personality Dynamics

The underlying forces and interrelations between unconscious processes that shape an individual's personality and behavior.