When the Average Total Cost Curve Is Downward Sloping,what Must

question 36

Multiple Choice

When the average total cost curve is downward sloping,what must be true about the marginal cost curve?

• A) It is U-shaped.
• B) It is a straight line.
• C) It is upward sloping.
• D) It is below the average total cost curve.
• E) It is above the average total cost curve.

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Definitions:

Reverse Reaction

A chemical reaction that occurs in the opposite direction of the forward reaction, converting the products back into the original reactants under certain conditions.

Equilibrium Reaction

A reversible chemical reaction where the rate of the forward reaction equals the rate of the backward reaction, resulting in stable concentrations of reactants and products.

Activation Energy Barrier

The minimum amount of energy required to initiate a chemical reaction.

Collision Theory

A theory that explains how chemical reactions occur and why rates of reactions vary for different reactions.