If Average Cost Is Positive

question 28

Multiple Choice

If average cost is positive,

• A) marginal cost equals average cost.
• B) marginal cost exceeds average cost.
• C) marginal cost is less average cost.
• D) Not enough information is given.

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Definitions:

Behavioural Component

The aspect of attitude that refers to the way one behaves towards an object or situation.

Rapid-response Pathway

A mechanism within the body or in organizational processes designed to react quickly to stimuli or situations, providing swift action or decisions.

Thalamus

A crucial part of the brain responsible for processing sensory information and relaying it to the appropriate parts of the cortex.

Amygdala

A part of the brain involved in emotion regulation, and the processing of fear and pleasure responses.