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Author Question: If marginal costs are falling and below average costs, then average costs must be falling too. ... (Read 108 times)

Redwolflake15

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on: Jun 30, 2018
If marginal costs are falling and below average costs, then average costs must be falling too.
  Indicate whether the statement is true or false

Question 2

Marginal costs rise if there are increasing returns.
  Indicate whether the statement is true or false


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juicepod

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Reply #1 on: Jun 30, 2018
Answer to Question 1

True

Answer to Question 2

False


Redwolflake15

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Reply 2 on: Jun 30, 2018
Thanks for the timely response, appreciate it

lkanara2

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Reply 3 on: Yesterday
Excellent

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