A Rising Average Cost Implies That​

question 29

Multiple Choice

A rising average cost implies that​

• A)​marginal cost is equal to average cost
• B)marginal cost is above average cost
• C)marginal cost is below average cost
• D)​none of the above

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Definitions:

Somatic Nervous System

Part of the peripheral nervous system associated with the voluntary control of body movements via skeletal muscles.

Nervous System

The network of nerve cells and fibers that transmits nerve impulses between parts of the body, responsible for coordinating bodily functions and responding to internal and external stimuli.

Neurotransmitter

A neurotransmitter is a chemical substance released at the end of a nerve fiber by the arrival of a nerve impulse, facilitating the transmission of impulses across a synapse to another nerve, muscle, or gland.

Neuron

A nerve cell that transmits nerve impulses as the basic functional unit of the nervous system.