-In the Above Figure, Which of the Following Statements Is

question 357

Multiple Choice

-In the above figure, which of the following statements is FALSE?

• A) Average fixed cost decreases as output decreases.
• B) The vertical gap between curves B and C equals marginal fixed cost.
• C) The vertical gap between curves B and C gets smaller as AFC decreases.
• D) Curve A is the marginal cost curve.

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Definitions:

Self-esteem

is the perception one has of their own value or worth, often influencing mental health and behavior patterns.

Ability

The possession of the means or skill to perform tasks or actions effectively.

Succeed

To achieve a desired outcome, goal, or objective, often through effort or skill.

Perspective

An attitude towards or way of regarding something; a point of view.