If Total Cost Increases as Output Increases, Then

question 117

Multiple Choice

If total cost increases as output increases, then:

• A)marginal cost must be equal to zero.
• B)marginal cost must be positive.
• C)marginal cost must be negative.
• D)marginal cost must be increasing.
• E)marginal cost must be decreasing.

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Definitions:

Gender Differences

The distinctions in characteristics and behaviors typically associated with being male or female.

Specific Individuals

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Alcoholism

A chronic disease characterized by uncontrolled drinking and a preoccupation with alcohol despite adverse consequences.

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Widespread or commonly occurring; frequently encountered.