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The N.M. Corporation has exactly the same costs of production as last year except for fixed costs, w

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The N.M. Corporation has exactly the same costs of production as last year except for fixed costs, w

The N.M. Corporation has exactly the same costs of production as last year except for fixed costs, which are $50,000 this year compared to $30,000 last year. Which of the following statements is false?
A) The marginal cost curve will be the same this year as last year.
B) The variable cost curve will be the same this year as last year.
C) The fixed cost curve will have the same slope this year as last year.
D) The total cost curve will be the same this year as last year.

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kingby

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stars_and_moon Author

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7 years ago

Perfectly answered Smiling Face with Open Mouth

Cheers

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kingby

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7 years ago

Yup, vote with confidence!

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