Which of the Following Statements Is TRUE

question 246

Multiple Choice

Which of the following statements is TRUE?

• A) Average fixed cost equals average total cost plus average variable cost.
• B) Average variable cost is always greater than average fixed cost.
• C) Average fixed cost equals total fixed cost divided by total output.
• D) Average total cost always falls as output increases.

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Definitions:

Non-prejudiced People

Individuals who do not harbor preconceived judgments or biases against others based on superficial characteristics such as race, gender, or ethnicity.

Negative Stereotypes

Oversimplified and unfavorable beliefs about a particular group of people, often leading to prejudice and discrimination.

Stereotypes

are generalized beliefs about a particular group of people, attributing specific characteristics to all members of the group regardless of individual differences.

Prejudice

A preconceived opinion or feeling, often negative, about a group or individual based on stereotypes rather than actual knowledge or reason.