The Manager of Greene Enterprises,Inc

question 54

Multiple Choice

The manager of Greene Enterprises,Inc.,recently estimated its average variable cost AVC) function to be Greene Enterprises faces total fixed costs TFC) of $300,000.When Greene's output is 6,000 units,average variable cost AVC) is

• A)rising
• B)falling
• C)greater than short-run marginal cost
• D)less than short-run marginal cost
• E)both a and d

---

Definitions:

Monozygotic Twins

Identical twins resulting from a single fertilized egg splitting into two, sharing the exact genetic makeup.

Secondary Sex Characteristics

are features that distinguish the two sexes of a species, but are not directly involved in reproduction, such as body hair or voice pitch.

Gonad

A reproductive gland that produces gametes (sperm in males and eggs in females) and sex hormones, such as testes in males and ovaries in females.

Chromosomes

Chromosomes are long strands of DNA and proteins found in the nucleus of most living cells, carrying genetic information in the form of genes.