If Marginal Cost Exceeds Average Variable Cost,then _____

question 116

Multiple Choice

If marginal cost exceeds average variable cost,then _____

• A)average variable cost is negative.
• B)average variable cost is increasing.
• C)marginal cost is greater than average total cost.
• D)average variable cost is decreasing.
• E)average fixed cost is increasing.

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Definitions:

Experiences

Experiences encompass all the events, interactions, and activities an individual goes through in life, contributing to their knowledge, skills, and personal development.

Feelings

Subjective experiences of emotions, such as happiness, sadness, anger, or love, often influencing behavior and thought.

Self-Actualization

The realization or fulfillment of one's talents and potentialities, especially considered as a drive or need present in everyone.

Abraham Maslow

A psychologist best known for creating Maslow's hierarchy of needs, a theory of psychological health predicated on fulfilling innate human needs in priority, culminating in self-actualization.