Multiple Choice
The slope of the total cost curve is:
A) marginal cost.
B) marginal revenue.
C) constant under perfect competition.
D) always negative.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q66: Use the following to answer question: <img
Q67: A perfectly competitive firm's demand curve is
Q68: Use the following to answer question: <img
Q69: The profit-maximizing level of output for a
Q70: When a firm cannot affect the market
Q72: One characteristic of a perfectly competitive market
Q73: The short-run industry supply curve is more
Q74: Ashley,who makes knitted caps,determines that her marginal
Q75: Assuming a downward-sloping demand curve,a decrease in
Q76: The LOWEST point on a perfectly competitive