With Respect to the Average Cost Curves,the Marginal Cost Curve

question 62

Multiple Choice

With respect to the average cost curves,the marginal cost curve _____

• A)intersects the average total cost, average fixed cost, and average variable cost curves at their minimum points.
• B)intersects the average total cost, average fixed cost, and average variable cost curves at their maximum points.
• C)intersects both the average total cost and average variable cost curves at their minimum points.
• D)intersects the average total cost curve where it is increasing and the average variable cost curve where it is decreasing.
• E)intersects only the average total cost curve at its minimum point.

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Definitions:

Mutagens

Agents that cause mutations or changes in the DNA of organisms, which can lead to genetic diversity or, in some cases, diseases like cancer.

RNA

Ribonucleic Acid, a molecule essential for coding, decoding, regulation, and expression of genes.

DNA

Deoxyribonucleic acid, the molecule that contains the genetic instructions for the development, functioning, growth, and reproduction of all known living organisms and many viruses.

Chemical Hazard

A type of hazard posed by chemicals which can cause harm or damage to humans, animals, or the environment.