Which of the Following Statements Is Not Correct

question 19

Multiple Choice

Which of the following statements is not correct?

• A)Fixed costs are constant.
• B)Variable costs change as output changes.
• C)Average fixed costs are constant.
• D)Average total costs are typically U-shaped.

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Definitions:

Subclavian Arteries

Major arteries on either side of the body that supply blood to the arms, brain, and thorax.

Vertebral Arteries

Arteries that supply blood to the upper spinal cord, brainstem, and the posterior portion of the brain.

Thyrocervical Arteries

A group of arteries that arise from the thyrocervical trunk and supply blood to the thyroid gland and surrounding areas.

Common Carotid

A major artery that supplies blood to the head and neck.