Multiple Choice
In the short run, if average total cost is increasing as output rises, then
A) marginal cost must be below average total cost.
B) average total cost is no longer equal to the sum of average variable cost and average fixed cost.
C) average variable cost must be increasing.
D) average fixed costs must be increasing.
E) total fixed costs must be increasing.
Correct Answer:

Verified
Correct Answer:
Verified
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