Author Question: When marginal cost is decreasing, total cost is rising. a. True b. ... (Read 40 times)

javeds

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When marginal cost is decreasing, total cost is rising.
 a. True
  b. False

Question 2

Fixed costs are defined as
 a. the total costs of a firm's production
  b. the additional cost of the last unit produced
  c. costs that increase proportionately as the quantity produced increases
  d. costs that do not vary as quantity produced increases
  e. implicit costs only



Animal_Goddess

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Answer to Question 1

A

Answer to Question 2

D



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javeds

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Animal_Goddess

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