When Marginal Cost Is Rising, Average Variable Cost

question 249

Multiple Choice

When marginal cost is rising, average variable cost

• A)must be rising.
• B)must be falling.
• C)must be constant.
• D)could be rising or falling.

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Definitions:

Open Program

A flexible framework or guideline that allows adjustment and modifications based on feedback or changing conditions.

Closed Program

A system or operation that is not open to external influences or modifications, often operating within a restricted or predefined set of rules.

Genetically Established

Pertains to traits or characteristics that are predetermined by an individual’s DNA.

Simultaneous Ambivalent Behavior

The exhibition of opposing emotions or actions towards the same object, person, or situation at the same time.