The Figure Above Shows Some of a Firm's Cost Curves

question 86

Multiple Choice

The figure above shows some of a firm's cost curves.
-Based on the figure above,curve C is the firm's

• A) marginal cost curve.
• B) total cost curve.
• C) average total cost curve.
• D) total variable cost curve.
• E) total fixed cost curve.

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Definitions:

Adaptive Radiation

Macroevolutionary pattern in which a lineage undergoes a burst of genetic divergences that gives rise to many species.

Evolutionary Innovation

The development of new structures, behaviors, or physiological processes in a species that enhances survival, reproduction, or adaptation to environmental changes.

Uniformitarianism

The principle suggesting that Earth's geologic processes acted in the same manner and with essentially the same intensity in the past as they do in the present, and that this consistency accounts for all geological changes.

Allopatric Speciation

Speciation pattern in which a physical barrier arises and separates populations, ending gene flow between them.