If Both the Marginal Cost and the Average Variable Cost

question 73

Multiple Choice

If both the marginal cost and the average variable cost curves are U-shaped,which of the following is true over the range of output for which the average variable cost curve has a negative slope?

• A) The marginal cost curve must have a negative slope.
• B) The average total cost curve must have a negative slope.
• C) The marginal cost curve is below the average variable cost curve.
• D) both (b) and (c) are correct.

---

Definitions:

Limited Function

Refers to a condition or situation where the capabilities or actions of a system, organ, or individual are restricted.

Fetus Size

A measurement that refers to the dimensions or growth development of a fetus during pregnancy, typically assessed via ultrasound.

Inside the Uterus

Referring to the internal environment of the uterus, often used in medical contexts.

Neural Tube Defects

A type of birth defect of the brain, spine, or spinal cord that occurs during embryonic development when the neural tube does not close completely.