Which of the Following Statements Are False

question 182

Multiple Choice

Which of the following statements are false?

• A)b and d.
• B)Marginal cost is always rising.
• C)Marginal and average total costs are equal at the most efficient production level.
• D)The AFC and AVC curves do not cross.
• E)The AFC and ATC curves do not cross.

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Definitions:

Integrated Marketing Communications

Coordinating the promotion mix elements and synchronizing promotion as a unified effort.

Promotion Mix Elements

The various tools used by marketers to communicate and promote their products or services, including advertising, sales promotion, public relations, personal selling, and direct marketing.