Which of the Following Short-Run Cost Curves Generally Declines,then Rises

question 50

Multiple Choice

Which of the following short-run cost curves generally declines,then rises as output is increased?

• A) average fixed cost and average variable cost
• B) average variable cost and average total cost
• C) average total cost and average fixed cost
• D) average fixed cost only
• E) average variable cost only

---

Definitions:

Goodwill Messages

Communications that are sent to build rapport and positive relationships, often congratulating, thanking, or expressing well-wishes.

Instructions

Directions or orders given to explain how something should be done or operated.

Simple Procedure

An easy or uncomplicated series of steps designed to achieve a specific task or process.

Routine Business Requests

Standard or common requests made in the course of business operations, such as for information or action.