As Output Increases,total Cost Also Increases.Therefore

question 12

Multiple Choice

As output increases,total cost also increases.Therefore,

• A) marginal cost is increasing.
• B) marginal cost is positive.
• C) average fixed costs are increasing.
• D) all of the above

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Definitions:

Steep Slope

An area of land characterized by a sharp incline or rapid change in elevation, often leading to challenges in stability and construction.

Contour Lines

Lines on a map that connect points of equal elevation, representing the shape and elevation of the terrain.

Topographic Map

A detailed map that represents the three-dimensional features of a place, such as mountains and valleys, using contour lines to denote elevation changes.

Contours

Lines on a map that connect points of equal elevation, used to represent the shape and elevation of terrain.