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The Portion of the Short-Run Average Cost Curve That Becomes

Question 23

Multiple Choice

The portion of the short-run average cost curve that becomes part of the long-run average cost curve is the


A) portion of the short-run average cost curve with the highest unit cost.
B) minimum short-run average cost curve.
C) the downward-sloping portion of the short-run average cost curve.
D) portion of the short-run cost curve,be it upward-sloping or downward-sloping,that gives the lowest production cost for that specific level of output.
E) upward-sloping portion of the short-run average cost curve.

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