When Is Marginal Cost Equal to Average Total Cost

question 63

Multiple Choice

When is marginal cost equal to average total cost

• A)when average variable cost is falling
• B)when average fixed cost is rising
• C)when marginal cost is at its minimum
• D)when average total cost is at its minimum

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Definitions:

Apparent Power

The total power in an AC circuit, measured in volt-amperes, combining both active (real) and reactive power components.

RC Parallel Circuit

A type of electrical circuit combining resistors and capacitors in parallel configuration, which influences the total impedance and phase angle.

R

A symbol often used to represent resistance in electrical circuits, measured in ohms.

RC Parallel Circuit

An electrical circuit consisting of a resistor (R) and a capacitor (C) connected in parallel with each other.