At What Level of Output Will Average Variable Cost Equal

question 482

Multiple Choice

At what level of output will average variable cost equal average total cost?

• A)when marginal cost equals average total cost
• B)for all levels of output in which average variable cost is falling
• C)when marginal cost equals average variable cost
• D)There is no level of output where this occurs, as long as fixed costs are positive.

---

Definitions:

Synaptic Pruning

The process of eliminating weaker synaptic connections in the brain, making room for stronger, more efficient connections.

Myelination

The development of a fatty sheath around the axons of neurons, which helps increase the speed at which information can travel in the nervous system.

Early-life Adversity

Negative experiences during childhood, such as abuse or neglect, that can have long-term effects on health and wellbeing.

Sleeper Effects

Delayed impacts of a message that become more persuasive or influential after some time has passed.