A Firm's Average Costs Will Be Falling Whenever Its Marginal

question 41

Multiple Choice

A firm's average costs will be falling whenever its marginal costs are:

• A) positive.
• B) negative.
• C) less than average costs.
• D) less than fixed costs.

---

Definitions:

Sales Associate

An employee in a retail or wholesale business responsible for selling products or services to customers, offering advice, and assisting with purchases.

Constructive Criticism

An approach to providing feedback that is intended to help someone improve, focusing on positive ways to make changes.

I-statements

A communication technique used to express one's feelings and needs assertively and non-defensively by focusing on the speaker's experiences rather than accusing or blaming others.

Johari Window

A tool for understanding and improving self-awareness, interpersonal relationships, and group dynamics, involving both known and unknown aspects of oneself.