Multiple Choice
Which of the following statements about marginal cost is correct?
A) When the marginal product of a variable input is rising,the marginal cost will fall.
B) When marginal cost equals average cost,average cost is at its maximum.
C) In the short-run,the marginal cost curve is parallel to the average variable cost curve.
D) When marginal cost is falling,total fixed cost is rising.
Correct Answer:

Verified
Correct Answer:
Verified
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