If Marginal Cost Is Below Average Variable Cost

question 298

Multiple Choice

If marginal cost is below average variable cost,

• A)average total cost is increasing but average variable cost is decreasing.
• B)both average total cost and average variable cost are decreasing.
• C)both average total cost and average variable cost are increasing.
• D)average variable cost is less than average fixed cost.

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Definitions:

Wording

The choice or use of words and phrases in speech or writing, often with attention to clarity and effectiveness.

Gestural Prompts

Nonverbal cues or actions made with the body or parts of the body to indicate or guide behavior.

Verbal Prompts

Oral cues or hints used to encourage or remind someone to perform a specific behavior.

Physical Prompts

Physical cues or assistance given to someone to initiate or complete a task, often used in teaching new skills or behaviors.