Other Things Being Equal, If the Average Fixed Cost Curve

question 68

Multiple Choice

Other things being equal, if the average fixed cost curve shifts upward at all output levels

• A) the marginal cost curve shifts upward at all output levels.
• B) the average variable cost curve shifts upward at all output levels.
• C) the average total cost curve remains unchanged at all output levels.
• D) the vertical distance between the average total cost curve and the average variable cost curve increases at all output levels.

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Definitions:

Nucleic Acids

Complex organic substances that constitute the genetic material of living cells; DNA and RNA.

Nitrogen

A chemical element with the symbol N and atomic number 7, essential for all living organisms as it makes up a part of all proteins and nucleic acids.

DNA Polymerase

An enzyme that catalyzes the synthesis of DNA molecules from deoxyribonucleotides, the building blocks of DNA.

Mutations

Changes in the DNA sequence of a cell's genome that can result in variations in physical appearance, function, or behavior.