menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Managerial Economics Study Set 1
  4. Exam
    Exam 6: Economies of Scale and Scope
  5. Question
    If Average Cost Is Decreasing,then Marginal Cost ​
Solved

If Average Cost Is Decreasing,then Marginal Cost ​

Question 20

Question 20

Multiple Choice

If average cost is decreasing,then marginal cost ​


A) ​Must be increasing
B) Must be greater than average cost
C) Must be less than average cost
D) ​None of the above

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q15: ​All the factors below are causes of

Q16: ​Which of these statements are FALSE<br>A)​If production

Q17: Wine Distribution Merger<br>Two of UK's larger wine

Q18: ​If long run average costs rise with

Q19: ​A food truck operator originally produced hamburgers

Q21: ​Farmers rotate their crops between corn and

Q22: ​What are economies of scale?<br>A)​decreasing average costs

Q23: Learning curves mean​<br>A)​you learn from experience<br>B)current production

Q24: ​It costs firm A $800 to produce

Q25: ​A firewood supplier has a very seasonal

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines