If Marginal Cost Is ______ Average Cost,then Average Cost Will

question 50

Multiple Choice

If marginal cost is ______ average cost,then average cost will _____.

• A) Equal to; decrease
• B) Less than; increase
• C) Greater than; decrease
• D) Greater than; increase

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Definitions:

Organization Earn

The income generated by a business or entity from its operational and non-operational activities.

Legal-political Conditions

The framework of legal regulations and political factors that shape the operational environment of businesses and organizations.

Global Business

Business activities that cross national borders, involving transactions of goods, services, or resources between parties in different countries.

Labour Costs

The total sum of all financial remunerations and benefits given to employees in exchange for their work.