If Marginal Cost Is Less Than Average Total Cost,then _____

question 101

Multiple Choice

If marginal cost is less than average total cost,then _____

• A)marginal cost must be falling.
• B)average total cost must be increasing.
• C)average variable cost must equal average total cost.
• D)average variable cost must be decreasing.
• E)average variable cost may be increasing or decreasing.

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Definitions:

Snowball Sampling

A non-probability sampling technique where existing study subjects recruit future subjects from among their acquaintances, often used in studies with hard-to-reach populations.

Purposive Sampling

A non-random sampling technique where participants are chosen based on particular characteristics or qualities relevant to the study.

Convenience Sampling

A non-probability sampling technique where subjects are selected due to their convenient accessibility and proximity to the researcher.

Quota Sampling

A non-random sampling technique where researchers aim to represent major characteristics of a population by selecting a proportional number of participants from each subgroup.