Which of the Following Statements Is True

question 30

Multiple Choice

Which of the following statements is true?

• A)At a high level of output, AFC is zero.
• B)If the law of diminishing marginal returns did not exist, then the marginal cost curve would not have an upward-sloping portion.
• C)The marginal cost curve cuts the average fixed cost curve at its minimum.
• D)There are no fixed costs in the short run.

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Definitions:

Application Diversion

A strategy used in recruitment where candidates are redirected to other suitable job openings if they are not a fit for the initial position applied for.

Quality of Recruits

The measure of how well new hires fit the requirements of their roles, including skills, experience, and compatibility with the organization's culture.

Human Resource Plans

Strategic plans developed by an organization's HR department to forecast, manage, and meet the workforce needs in alignment with the company's goals.

Organizational Constraints

Factors within an organization that limit or restrict its operations, strategies, or ability to achieve goals.