If the Total Variable Cost Curve Is a Straight Line

question 42

Multiple Choice

If the total variable cost curve is a straight line then

• A)The total cost curve will also be a straight line
• B)The total cost curve may or may not be a straight line
• C)The marginal cost function is downward sloping
• D)The marginal cost function is upward sloping

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Definitions:

Due Date

the specified date by which a payment, task, or project is to be completed or submitted.

Delivery Charge

A fee imposed for the service of delivering goods or services to a specified location, typically distinct from shipping charges by the directness of the service.

Purchasing Agent

An individual or entity responsible for buying goods and services for a company or organization.

Cash Discounts

A reduction in the invoice price offered by sellers to buyers as an incentive for early payment.