This Is an Image of ____________

question 49

Multiple Choice

This is an image of ____________.

• A)planetesimals forming protoplanets
• B)protoplanets forming planetesimals
• C)asteroids forming protoplanets
• D)asteroids forming planetesimals

---

Definitions:

Average Total Cost

The total cost of production (fixed and variable costs) divided by the quantity of output produced.

Marginal Revenue

The augmented income obtained by selling one more unit of a good or service.

Marginal Cost

The increase in total cost that arises from producing one additional unit of output.

Competitive Market

A market structure characterized by a large number of buyers and sellers, such that no single participant can significantly influence price.