True/False
When marginal cost is rising, average cost is always rising.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q57: Because opportunity costs always equal market price,
Q58: As production increases, average fixed costs always
Q59: If 25 units of a good are
Q60: Knowledge of total variable costs and fixed
Q61: Marginal cost can be derived given total
Q63: Use the following to answer questions :<br>Figure
Q64: AFC can never rise as output increases.
Q65: The item "taxes payable" is a long-term
Q66: Net worth as shown on the company's
Q67: Cash is the only asset on the