Hlp 16. If a firm's average variable costcurve is rising, its marginal costcurve must beA. O ConstantB. O Above the total cost curveС.Above the average variable costcurveD. O All of the above

To find: What should be Marginal curve.

Answered: If a firm's average variable cost curve…

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If a firm's average variable cost curve is rising, its marginal cost curve must be

Principles of Economics 2e

2nd Edition

ISBN:9781947172364

Author:Steven A. Greenlaw; David Shapiro

Publisher:Steven A. Greenlaw; David Shapiro

Chapter7: Production, Costs, And Industry Structure

Section: Chapter Questions

Problem 18RQ: How do we calculate each of the following: marginal cost, average total cost, and average variable...

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Question

Hlp

16. If a firm's average variable cost
curve is rising, its marginal cost
curve must be
A. O Constant
B. O Above the total cost curve
С.
Above the average variable cost
curve
D. O All of the above

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