If MC Is Greater Than ATC,we Know That

question 49

Multiple Choice

If MC is greater than ATC,we know that:

• A)ATC must be rising.
• B)AVC must be falling.
• C)ATC must be falling.
• D)ATC could be rising or falling.
• E)AVC must be rising.

---

Definitions:

Consequential Damages

Damages that do not directly arise from the breach of a contract but result from the breach's indirect effects.

Inventory

The total amount of goods and materials on hand available for sale to customers in the course of business operations.

Consumer Goods

Items bought for personal use or consumption, including household products, food, and clothing.

Raw Materials

Basic materials obtained in their natural state that are processed to produce goods or provide services.