The Average Total Cost Curve Will Be Downward Sloping Whenever

question 133

Multiple Choice

The average total cost curve will be downward sloping whenever:

• A) average fixed cost is greater than average variable cost
• B) marginal cost is smaller than average total cost
• C) marginal costs are decreasing
• D) average variable cost is increasing

---

Definitions:

Cultural Traits

Characteristics that define a particular culture, including language, religion, cuisine, social habits, music, and arts.

Tight Culture

Societal or organizational cultures characterized by strong social norms and a low tolerance for deviant behavior.

Conservative Cultural

Pertaining to cultures that prioritize traditional values and are resistant to change or new ideas.

Behavior Norms

Social rules that govern the actions within a group, specifying appropriate and acceptable behaviors for its members.