The marginal-cost curve intersects the average-total-cost curve at the minimum point of the marginal-cost curve

a. True
b. False
Indicate whether the statement is true or false

False

Economics

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How does proprietary trading expose investment banks to interest-rate and credit risk?

What will be an ideal response?

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Other things equal, an appreciation of the U.S. dollar would:

A. Increase productivity and increase aggregate supply B. Decrease net exports and decrease aggregate demand C. Increase the prices of imported resources and decrease aggregate supply D. Decrease the supply of money and decrease aggregate demand

Economics