Which of the Following Statements Regarding the Relationship Between Average

question 44

Multiple Choice

Which of the following statements regarding the relationship between average cost and marginal cost is not true?

• A)When marginal cost is below average total cost,average total cost falls.
• B)When marginal cost is above average variable cost,average variable cost rises.
• C)When marginal cost is equal to average total cost,average total cost is minimized.
• D)When marginal cost is above average fixed cost,average fixed cost rises.

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Definitions:

Conducting Elements

Components of the plant vascular system, such as xylem and phloem, that transport water, minerals, and nutrients throughout the plant.

Phloem

Phloem is the vascular tissue in plants responsible for the transport of sugars and nutrients from the leaves to other parts of the plant.

Sieve Tube Elements

Cells found in the phloem of vascular plants that facilitate the transport of sugars and other nutrients throughout the plant.

Lateral Meristems

Areas of localized cell division on the side of a plant that give rise to secondary tissues. Lateral meristems, including the vascular cambium and the cork cambium, cause an increase in the girth of the plant body. Compare with apical meristem.