If Average Variable Cost Exceeds Marginal Cost,then

question 129

Multiple Choice

If average variable cost exceeds marginal cost,then:

• A) average variable cost is increasing and the average total cost is decreasing.
• B) the average variable cost is decreasing and the average total cost is increasing.
• C) both the average variable and average total cost are decreasing.
• D) the average variable cost is decreasing and the average total cost may be increasing or decreasing.

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Definitions:

Workforce Diversity

The inclusion of individuals from varied backgrounds, cultures, genders, ages, and abilities in the workplace, enhancing creativity and problem-solving.

Structural Changes

Significant modifications or transformations within an organization's strategy, operations, or culture.

Globalizing Organization

An organization that is expanding its operations and influence beyond its domestic boundaries to reach an international or global presence.

Increased Grievance

Describes a situation where there is a rise in complaints or dissatisfaction, often within an organizational or social setting.