Which of the Following Statements Is False

question 256

Multiple Choice

Which of the following statements is false?

• A)When marginal cost equals average total cost, average total cost is at its highest value.
• B)The marginal cost curve intersects the average variable cost curve and the average total cost curve at their minimum points.
• C)The difference between average total cost and average fixed cost is average variable cost.
• D)Firms often refer to the process of lowering average fixed cost as "spreading the overhead."

---

Definitions:

Carl Rogers

An influential American psychologist and one of the founding figures of humanistic psychology, known for developing client-centered therapy, emphasizing unconditional positive regard.

Abraham Maslow

An American psychologist known for creating Maslow's hierarchy of needs, a theory in psychology that prioritizes human needs.

Gestalt Psychology

A theory of mind and brain positing that the operational principle of the brain is holistic, parallel, and analog, with self-organizing tendencies; or the idea that natural systems and their properties should be viewed as wholes, not as collections of parts.

Representative Sample

A subgroup of a population selected to accurately reflect the characteristics of the larger group it represents for research purposes.