Multiple Choice
Use the figure below to answer the following questions. 
Figure 10.3.2
-Refer to Figure 10.3.2,which illustrates short-run average and marginal cost curves.Which one of the following statements is false?
A) Average fixed cost decreases with output.
B) The vertical gap between curves B and C is equal to average variable cost.
C) Line B comes closer to line C as output increases because of a decrease in average fixed cost.
D) Curve D is the marginal cost curve.
E) The vertical gap between curves B and C is equal to average fixed cost.
Correct Answer:
Verified
Correct Answer:
Verified
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