Multiple Choice
If the ATC curve is falling then the MC curve must be
A) rising.
B) falling.
C) above AFC.
D) below AFC.
E) none of the above
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q32: Marginal cost equals<br>A)Q/TVC.<br>B)ΔTFC/ΔTC.<br>C)ΔTC/ΔQ.<br>D)ΔQ/ΔTVC.<br>E)(TC - TVC)/Q.
Q33: Use the figure below to answer the
Q34: Use the figure below to answer the
Q35: Choose the correct statement.<br>A)The long run is
Q36: An increase in the cost of labour
Q38: Marginal cost<br>A)is constantly increasing,but as output increases
Q39: Use the figure below to answer the
Q40: Use the table below to answer the
Q41: The minimum efficient scale is the smallest
Q42: In general, (1)opportunity cost is greater than