Whenever Marginal Cost Is Greater Than Average Total Cost

question 95

Multiple Choice

Whenever marginal cost is greater than average total cost,

• A)marginal cost is rising.
• B)marginal cost is falling.
• C)average total cost is rising.
• D)average total cost is falling.

---

Definitions:

Scripts

Cognitive structures that contain knowledge about the sequence of events and behaviors that are appropriate in specific situations.

Stage of Life

Phases through which an individual passes during their lifetime, each with specific and unique challenges and milestones.

Needs

Needs are essential requirements or desires that drive behavior and motivate actions to achieve satisfaction or fulfillment.

Consciousness

The state or quality of awareness of an individual's thoughts, feelings, sensations, and surroundings; a fundamental aspect of human experience.