Average Cost Pricing Is Found

question 4

Multiple Choice

Average cost pricing is found

• A) when supply equals demand.
• B) when AC = MR.
• C) when P = 0.
• D) where AC = AR.

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Definitions:

Hydrothermal Vents

Fissures in the deep ocean floor that release hot water and inorganic compounds.

Organic Molecules

Chemical compounds that contain carbon and are found in all living organisms, essential for life.

Organic Polymers

Large molecules composed of repeated subunits (monomers) that are typically carbon-based, like proteins, nucleic acids, and plastics.

Silt

Fine particles of rock and soil that are smaller than sand and larger than clay, often found on riverbeds and fertile agricultural lands.