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The Figure Above Shows Some of a Firm's Cost Curves

Question 261

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   The figure above shows some of a firm's cost curves. -A firm's utility bill is a variable cost.If the cost of utilities increases,then in the figure above ________ upward. A)  only curve A shifts B)  only curve B shifts C)  only curve C shifts D)  both curves A and C shift E)  both curves B and C shift
The figure above shows some of a firm's cost curves.
-A firm's utility bill is a variable cost.If the cost of utilities increases,then in the figure above ________ upward.


A) only curve A shifts
B) only curve B shifts
C) only curve C shifts
D) both curves A and C shift
E) both curves B and C shift

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