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-If Average Variable Costs Are Increasing While Average Total Costs

Question 262

Multiple Choice

-If average variable costs are increasing while average total costs are decreasing, then A) marginal cost must lie between average variable and average total costs. B) marginal cost must equal average variable cost. C) marginal cost must equal average total cost. D) fixed costs must be zero.
-If average variable costs are increasing while average total costs are decreasing, then


A) marginal cost must lie between average variable and average total costs.
B) marginal cost must equal average variable cost.
C) marginal cost must equal average total cost.
D) fixed costs must be zero.

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