If average total cost is rising A) marginal cost is above average ...

[BrownTown3]

If average total cost is rising
 A) marginal cost is above average total cost.
  B) marginal cost is rising.
  C) marginal product is rising.
  D) marginal cost is above average total cost and is falling.

Question 2

On the boundary of the utility possibility frontier, if the utility of one person increases, that of the other will decline.
  Indicate whether the statement is true or false

[mcabuhat]

Answer to Question 1

A

Answer to Question 2

T

[BrownTown3]

Gracias!

[FergA]

Thanks for the timely response, appreciate it