Which of the Following Statements Is False

question 256

Multiple Choice

Which of the following statements is false?

• A)When marginal cost equals average total cost, average total cost is at its highest value.
• B)The marginal cost curve intersects the average variable cost curve and the average total cost curve at their minimum points.
• C)The difference between average total cost and average fixed cost is average variable cost.
• D)Firms often refer to the process of lowering average fixed cost as "spreading the overhead."

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Definitions:

Italian Ancestry

Refers to the ethnic background or heritage of individuals originating from Italy.

Title VII

A section of the Civil Rights Act of 1964 prohibiting employment discrimination based on race, color, religion, sex, or national origin.

Civil Rights Act of 1964

is landmark U.S. legislation that outlawed discrimination based on race, color, religion, sex, or national origin, particularly in voter registration and employment.

Sexual Harassment

Unwelcome sexual advances, requests for sexual favors, and other verbal or physical conduct of a sexual nature in the workplace or learning environments.