Use the Following to Answer Question 160 -In the Short Run,as Output Gets Larger:
A) Fixed Cost

question 213

Multiple Choice

Use the following to answer question 160: $$\begin{array}{l}\text { Table: Output and Marginal Cost }\\\begin{array} { l c } \hline \text { Output } & \text { Marginal Cost } \\\hline 1 & 15 \\2 & 10 \\3 & 5 \\4 & 8 \\5 & 12 \\6 & 20 \\\hline\end{array}\end{array}$$
-In the short run,as output gets larger:

• A) fixed cost gets smaller.
• B) the average variable cost curve gets closer to the average total cost curve.
• C) marginal cost gets smaller.
• D) the average total cost decreases after the point of diminishing returns.

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Tending to fulfill one's own desires or needs excessively and often at the expense of others or one's duties.