As Quantity Increases,which of the Following Must Be True If

question 56

Multiple Choice

As quantity increases,which of the following must be true if average total costs are rising?

• A) Marginal cost must be greater than average total cost.
• B) Marginal cost must be less than average total cost.
• C) Average fixed cost must be increasing.
• D) Average fixed cost must be less than average variable cost.

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Definitions:

Ethnomethodology

A sociological perspective focusing on the ways in which individuals make sense of their world, emphasizing the everyday practices and methods people use.

Cognition

The mental action or process of acquiring knowledge and understanding through thought, experience, and the senses.

Macro-level Sociology

The study of large-scale social structures and processes, such as social institutions and societal changes, to understand their impact on groups and individuals.

Biology

The examination of life and living entities, focusing on their composition, function, development, evolution, and dispersion.