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-In the Above Figure, Which of the Following Statements Is

Question 449

Multiple Choice

-In the above figure, which of the following statements is FALSE? A) The total fixed cost curve is curve C. B) Total variable cost and total cost both increase as output increases. C) Marginal cost is equal to the slope of curve A. D) The vertical gap between curves A and B is equal to average fixed cost.
-In the above figure, which of the following statements is FALSE?


A) The total fixed cost curve is curve C.
B) Total variable cost and total cost both increase as output increases.
C) Marginal cost is equal to the slope of curve A.
D) The vertical gap between curves A and B is equal to average fixed cost.

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