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    Microeconomics Theory and Applications Study Set 2
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    Exam 8: The Cost of Production
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    If Total Cost Rises as the Level of Output Produced
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If Total Cost Rises as the Level of Output Produced

Question 38

Question 38

Multiple Choice

If total cost rises as the level of output produced increases,then:


A) marginal cost must be rising.
B) marginal cost must be constant.
C) marginal cost must be falling.
D) marginal cost must be positive.

Correct Answer:

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