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Statement b is false, because the SMC and MVC curves actually coincide. MVC shows the change in a firm's total variable cost if its output changes by one unit, while SMC shows the change in its short-run total cost if its output changes by one unit. Now, in the short-run, if a firm changes its output by one unit, it can change the quantity of the variable inputs it uses but not the quantity of the fixed inputs, so the change in its total cost equals the change in the cost of its variable inputs.
A storm is predicted if atmospheric pressure:
In a coil with n turns, what happens to the induced electromotive force (EMF) if the number of turns is doubled while the magnetic flux remains constant?
The Doppler Effect primarily refers to changes in what aspect of waves?
Which of the following statements best describes the relationship between static friction and the normal force?
Which material is primarily responsible for the elasticity found in leggings and athletic apparel?
Which of the following is/are NOT scalar quantities?
Which pioneer scientist used radio waves to transmit signals over distances of several kilometres in the 1890s?
The device used for locating submerged objects under sea is –
What characteristic makes metals good conductors of electricity?
What component is traditionally used to regulate the speed of a ceiling fan?