Statements that make value judgments are:

What are the shapes of the AVC curve and the ATC curve and why do they have these shapes?

What will be an ideal response?

If indifference curves cross, then:

A) the assumption of a diminishing marginal rate of substitution is violated. B) the assumption of transitivity is violated. C) the assumption of completeness is violated. D) consumers minimize their satisfaction. E) all of the above