If Average Total Cost Is Decreasing as More and More

question 77

Multiple Choice

If average total cost is decreasing as more and more units are produced, then marginal cost must be

• A) rising.
• B) constant.
• C) below average total cost.
• D) negative.

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Definitions:

Genotypes

The genetic makeup of an organism, consisting of all the inherited alleles that influence traits and characteristics.

Monozygotic Twins

Identical twins resulting from a single fertilized egg splitting into two, sharing the exact genetic makeup.

Secondary Sex Characteristics

are features that distinguish the two sexes of a species, but are not directly involved in reproduction, such as body hair or voice pitch.

Gonad

A reproductive gland that produces gametes (sperm in males and eggs in females) and sex hormones, such as testes in males and ovaries in females.