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Author Question: If marginal cost increases when output increases, then (Read 80 times)

soccerdreamer_17

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If marginal cost increases when output increases, then
◦ marginal product must decrease when output increases.
◦ average fixed cost is constant.
◦ total cost is constant.
◦ average variable cost must increase when output increases.
◦ average total cost must decrease when output increases.


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Marked as best answer by soccerdreamer_17 on May 24, 2019

Cheesycrackers

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soccerdreamer_17

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Thank you!



Cheesycrackers

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Always glad to help...



 

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