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Tidy Tidy
wrote...
Posts: 4852
8 years ago
If the average variable cost curve is above the marginal cost curve, then
A) marginal costs must be decreasing.
B) average variable costs must be increasing.
C) marginal costs must be increasing.
D) marginal costs can be either increasing or decreasing.
Textbook 
Essentials of Economics

Essentials of Economics


Edition: 4th
Authors:
Read 155 times
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Repeat after me: 'Calm down. Things are gonna be fine. Things are gonna be all great. Just relax.' Wink Face
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SmooothSmoooth
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Posts: 5500
8 years ago
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8 years ago
Don't mention it Happy Dummy
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