Which of the Following Statements Is Correct

question 352

Multiple Choice

Which of the following statements is correct?

• A)Average total cost is the difference between average variable cost and average fixed cost.
• B)Marginal cost measures the cost per unit of output associated with any level of production.
• C)When marginal product rises, marginal cost must also rise.
• D)Marginal cost is the price or cost of an extra variable input (for example, an additional worker or machine)divided by its marginal product.

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Definitions:

Instrumental Aggression

Aggressive behavior aimed at achieving a specific goal or outcome, rather than stemming from feelings of anger or hostility.

Hostile Attribution Bias

The tendency to interpret others' behaviors as having hostile intent, even when the behaviors are ambiguous or benign.

Weapons Effect

The phenomenon where the mere presence of a weapon can increase aggression in individuals.

Narcissism

A personality trait characterized by an inflated sense of self-importance and a deep need for admiration and attention.