Eris, Ceres, and Haumea Are Examples of

question 39

Multiple Choice

Eris, Ceres, and Haumea are examples of

• A) asteroids.
• B) dwarf planets.
• C) meteoroids.
• D) comets.
• E) meteor showers.

---

Definitions:

Average Fixed Costs

The fixed costs of production divided by the quantity of output produced; these costs do not vary with the level of output.

U-shaped Curve

A graphical representation showing a relationship where initial decreases lead to a minimum point, followed by subsequent increases.

Total Cost Curve

A graphical representation that shows the total cost of producing different levels of output, illustrating how costs change with production volume.

Marginal Cost Curve

A graphical representation that shows how the cost of producing one additional unit of a good varies as the quantity of the good produced changes.