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Loraine Loraine
wrote...
Posts: 4563
8 years ago
If average variable costs increase as output increases, then
A) total fixed cost must be increasing also.
B) marginal cost must be greater than average variable cost.
C) total cost must be constant.
D) output must be zero.
E) average total cost must be increasing also.
Textbook 
Essential Foundations of Economics

Essential Foundations of Economics


Edition: 7th
Authors:
Read 275 times
2 Replies
Start by doing what's necessary; then do what's possible; and suddenly you are doing the impossible.
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Answer verified by a subject expert
Chimelo46Chimelo46
wrote...
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Posts: 5641
8 years ago
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wrote...
8 years ago
The textbook reference in your signature really helped me narrow it down.

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