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Satsume Satsume
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7 years ago
In a short-run production process, the marginal cost is rising and the average variable cost is falling as output is increased.  Thus,
A) average fixed cost is constant.
B) marginal cost is above average variable cost.
C) marginal cost is below average fixed cost.
D) marginal cost is below average variable cost.
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Microeconomics

Microeconomics


Edition: 8th
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CanihCanih
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7 years ago
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Satsume Author
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7 years ago
Good timing, thanks!
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Yesterday
Thanks
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2 hours ago
this is exactly what I needed
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