The Importance of the Marginal Cost Curve of a Company

question 39

Multiple Choice

The importance of the marginal cost curve of a company is that it is also the

• A)supply curve for its product.
• B)demand curve for its product.
• C)average cost curve for its product.
• D)marginal revenue curve for its product.

---

Definitions:

Poly(vinyl Chloride)

A widely used synthetic plastic polymer, known by its abbreviation PVC, characterized by its strength, durability, and versatility in applications from piping to clothing.

Chain-growth Polymerization

A polymerization mechanism where monomers add to a reactive site on a growing polymer chain one at a time, leading to long polymer chains.

Maleic Anhydride

An organic compound that is the cyclic anhydride of maleic acid, used industrially in the production of polymers, resins, and as an intermediate in organic synthesis.

Addition Polymerization

A chemical reaction where monomers add together without the loss of atoms to form very long chain molecules or polymers.