The Short-Run Break-Even Price Is the Point at Which

question 120

Multiple Choice

The short-run break-even price is the point at which

• A) price is less than marginal cost.
• B) marginal cost, average total cost and marginal revenue are all equal.
• C) average variable cost is at a minimum.
• D) marginal cost, price and average variable cost are all equal.

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Definitions:

Sense of Touch

One of the five senses that allows an organism to perceive and respond to tactile stimuli from the environment.

Pleasure

A feeling of satisfaction or joy experienced when one enjoys an event or activity.

Stroking

In psychology, it refers to acts or words that acknowledge another person's presence or qualities, often used in transactional analysis.

Pressure Spots

Areas on the body that are susceptible to pressure or friction, potentially leading to discomfort, injury, or pressure sores.