When the Marginal Cost Curve Lies Below the Average Variable

question 58

Multiple Choice

When the marginal cost curve lies below the average variable cost curve, what is happening to the average variable cost?

• A) The average variable cost is zero.
• B) The average variable cost is increasing.
• C) The average variable cost is decreasing.
• D) The average variable cost does not change.

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Definitions:

Lateral Excursion

The side-to-side movement of the mandible, which is important in the grinding motion of chewing.

Plantar Flexion

The action of reducing the angle between the bottom of the foot and the back of the leg, similar to when the toes are pointed.

Dorsiflexion

The action of raising the foot upwards towards the shin, decreasing the angle between the dorsum of the foot and the leg.

Inversion

Inversion in genetics refers to a chromosome rearrangement in which a segment of a chromosome is reversed end to end, potentially affecting gene function and expression.