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Author Question: If the average variable cost curve is above the marginal cost curve, then (Read 65 times)

renzo156

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on: Apr 19, 2019

Question 1

If the marginal cost curve is below the average variable cost curve, then


◦ average variable costs are increasing.
◦ average variable costs are decreasing.
◦ marginal cost must be decreasing.
◦ average variable costs could either be increasing or decreasing.

Question 2

If the average variable cost curve is above the marginal cost curve, then


◦ marginal costs must be decreasing.
◦ average variable costs must be increasing.
◦ marginal costs must be increasing.
◦ marginal costs can be either increasing or decreasing.
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
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Marked as best answer by renzo156 on Apr 19, 2019

jgranad15

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Reply #1 on: Apr 19, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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renzo156

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Reply #2 on: Apr 19, 2019
Excellent


jgranad15

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Reply #3 on: Apr 19, 2019
Great! Please up vote :D


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