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.

Recognize the impact of employee benefits on retention and attraction of employees.

Understand the financial management of benefit plans including cost control mechanisms.

Analyze the importance and methods of benefit audits for organizational efficiency.

Understand the emerging trends in employee benefits and services.

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Definitions:

Preferred Stock

A class of ownership in a corporation that has a higher claim on assets and earnings than common stock and typically doesn't have voting rights.

Income Earned

Revenue received from work performed or services provided, often used interchangeably with earned income.

Common Stock

A type of security that represents ownership in a corporation, entitling the holder to dividends and voting rights.

Stockholders' Equity

The equity stake that shareholders have in a company, representing their ownership interest, which is calculated as total assets minus total liabilities.