When Marginal Cost Exceeds Average Total Cost

question 289

Multiple Choice

When marginal cost exceeds average total cost,

• A)average fixed cost must be rising.
• B)average total cost must be rising.
• C)average total cost must be falling.
• D)marginal cost must be falling.

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Definitions:

Stereotypes

Oversimplified and generalized beliefs about a particular group of people, often leading to prejudiced attitudes and behaviors.

Tribal Heritage

The history, culture, traditions, and social practices passed down through generations within indigenous or tribal communities.

Hidden Curriculum

Refers to the unwritten, unofficial, and often unintended lessons, values, and perspectives students learn in school beyond the formal curriculum.

Racial Subordination

The process or state of minorities being placed or maintained in a lower rank, class, or position by the dominant racial group in a society.