The Long-Run Average Total Cost Curve Is Tangent to an Infinite

question 33

Multiple Choice

The long-run average total cost curve is tangent to an infinite number of short-run _____ cost curves.

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

---

Definitions:

Plumule

The embryonic shoot apex, or terminal bud, located above the point of attachment of the cotyledon(s).

Radicle

The part of a plant embryo that develops into the primary root during seed germination.

Values

Fundamental beliefs or standards that guide behaviors and decisions in a society or individual.

Ideals

Principles or values that one actively pursues as goals or standards of perfection.