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MMLU-Pro / 6987 / Which of the following is true about the relationship of the average total cost…

Problem

Answer published by the source. Consult the official source to check your work against its answer.

question

Which of the following is true about the relationship of the average total cost (ATC) curve and the marginal cost (MC) curve?

category

economics

options

  1. ATC and MC are always equal.
  2. ATC and MC are never equal.
  3. The ATC curve and MC curve are parallel to each other.
  4. The MC curve intersects the ATC curve at the maximum point of the ATC curve.
  5. The MC curve intersects the ATC curve at the midpoint of the ATC curve.
  6. The ATC curve is always above the MC curve.
  7. The ATC curve intersects the MC curve at the maximum point of the MC curve.
  8. The MC curve intersects the ATC curve at the minimum point of the ATC curve.
  9. The MC curve is always above the ATC curve.
  10. The ATC curve intersects the MC curve at the minimum point of the MC curve.

src

ori_mmlu-high_school_microeconomics

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Source and history

upstream_id / Original problem ID
6987
task_id
787ea580-0612-5adb-a5ae-492001bf027a
task_key
default--test--6987
task_revision_id
1
config / split
default / test

Official source

initial import