Type a Behaviour Refers to a Behaviour Pattern Characterised by Extreme

question 95

True/False

Type A behaviour refers to a behaviour pattern characterised by extreme competitiveness,impatience,aggressiveness and a devotion to work.

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Definitions:

Average-Total-Cost Curve

A graphical representation showing how the average total cost of producing a good changes as the quantity produced changes.

Average-Fixed-Cost

The fixed costs of production divided by the quantity of output produced; it decreases as production increases.

Average-Variable-Cost

The total variable cost divided by the quantity of output produced.

Marginal Costs

The investment required to manufacture an incremental unit of a product or service.