Which of the Following Statements Is True

question 93

Multiple Choice

Which of the following statements is true?

• A)The marginal cost curve has an upward-sloping portion to it because of the law of diminishing marginal returns.
• B)The marginal cost curve cuts the ATC curve at its highest point.
• C)When marginal cost is rising, so must average total cost be rising.
• D)A decline in marginal cost causes the MPP (of the variable input)to decline.

---

Definitions:

Johari Window

A tool for understanding and improving interpersonal communication and relationships, mapping self-awareness and mutual understanding through shared knowledge and perceptions.

Repressed Childhood Memories

Memories from one's early years that have been unconsciously blocked due to their distressing or traumatic nature.

Cliché Conversations

Discussions that involve overly used expressions or ideas, lacking originality or freshness.

Gut-Level Communication

Gut-level communication refers to an authentic and open exchange of feelings and thoughts, enabling genuine understanding and connection between individuals.