-In the Figure Above, a Firm Is Operating at Point

question 158

Multiple Choice

-In the figure above, a firm is operating at point A on the graph. At point A, the firm's average cost curve

• A) has negative slope.
• B) has positive slope.
• C) is horizontal.
• D) is vertical.

---

Definitions:

Cnidarians

A phylum of aquatic animals that includes jellyfish, corals, and sea anemones, characterized by a simple body structure with a single opening.

Coral Polyps

Small, typically colonial marine organisms that are a major component of coral reefs, secreting calcium carbonate to form a hard skeleton.

Jellyfish

Gelatinous marine animals belonging to the phylum Cnidaria, known for their umbrella-shaped bodies and trailing tentacles.