If Both the Marginal Cost and the Average Variable Cost

question 29

Multiple Choice

If both the marginal cost and the average variable cost curves are U-shaped. At the minimum point on the average variable cost curve, the marginal cost must be:

• A) greater than the average variable cost.
• B) less than the average variable cost.
• C) equal to the average variable cost.
• D) at its minimum.

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Definitions:

Population Increases

Refers to the growth in the number of individuals in a population over time.

Tree Base

The bottom part of a tree, including the roots and the lower trunk, crucial for stability and nutrient absorption.

Homoplasy

Homoplasy describes a character state similarity not due to shared descent (for example, produced by convergent evolution or evolutionary reversal).

Orthologs

Genes in different species that evolved from a common ancestral gene and retain the same function.