Long-Run Average Total Cost Must Always Be

question 28

Multiple Choice

Long-run average total cost must always be

• A)rising
• B)declining
• C)greater than or equal to the marginal unit of variable cost
• D)greater than or equal to the short run average total cost
• E)less than or equal to short-run average total cost

---

Definitions:

Earth's Gravity

The force that attracts objects towards the center of the Earth, giving objects weight and keeping them grounded.

Organ of Corti

The sensory organ located within the cochlea of the inner ear, responsible for converting sound vibrations into neural signals.

Auditory Nerve

The nerve that carries signals from the inner ear to the brain, allowing us to hear.

Kinesthesis

The ability to perceive the position, movement, and force of muscles, tendons, and joints in the body.