Which One of the Following Statements Is False

question 76

Multiple Choice

Which one of the following statements is false?

• A)The average total cost curve and average variable cost curve are U-shaped.
• B)The gap between the average total cost curve and the average variable cost curve equals marginal cost.
• C)The gap between the average total cost curve and the average variable cost curve narrows as output increases.
• D)The marginal cost curve intersects the average variable cost curve at minimum average variable cost.
• E)The marginal cost curve intersects the average total cost curve at minimum average total cost.

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Definitions:

Response

A reaction to a specific stimulus or situation, which can be verbal, physical, or emotional in nature.

Reward

A reward refers to a positive reinforcement given in response to a desired behavior, intended to encourage that behavior's recurrence.

Concept Formation

The mental process involved in grouping or categorizing objects, events, or ideas based on common features or characteristics.

Pictorial Stimuli

Visual images or pictures used in psychological experiments or testing to elicit cognitive, emotional, or behavioral responses from participants.