The Average Fixed Cost Curve Slopes Downward Due to

question 106

Multiple Choice

The average fixed cost curve slopes downward due to

• A)diminishing marginal utility.
• B)diminishing marginal returns.
• C)technological inefficiency.
• D)economic inefficiency.
• E)spreading total fixed cost over increasing output.

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Definitions:

Cyanosis

A bluish or purplish discoloration of the skin and mucous membranes due to insufficient oxygen in the blood.

Erythema

Redness of the skin or mucous membranes, often caused by dilation and congestion of the capillaries, typically a sign of inflammation or infection.

Ecchymosis

The appearance of a large, discolored area on the skin, caused by bleeding underneath, typically resulting from bruising.

Skin Mobility

The ease with which skin can be moved or lifted, often assessed in the evaluation of edema, dehydration, or certain skin conditions.