If the Marginal Cost Curve Is Below the Average Variable

question 206

Multiple Choice

If the marginal cost curve is below the average variable cost curve, then

• A)average variable cost is increasing.
• B)average variable cost is decreasing.
• C)marginal cost must be decreasing.
• D)average variable cost could either be increasing or decreasing.

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Definitions:

Action Potential

A short-lasting event in which the electrical membrane potential of a cell rapidly rises and falls, allowing neurons to transmit signals along the nerve.

Resting Potential

The electric potential difference across the membrane of a neuron at rest, critical for the transmission of nerve impulses.

Electrical Current

The flow of electric charge through a conductor, typically measured in amperes.

Potassium Ions

Essential electrolytes within the body that play a key role in various cellular functions, including nerve transmission and muscle contraction.