Vidyalelo
Management · Q59

Managerial Economics

Graduate and Post Graduate · Management · question 59

Q59

If marginal cost is above average variable at a time when output is rising, then

A.
Average variable cost is falling
B.
Average variable cost is rising
Answer
C.
Average total cost is falling
D.
Average total revenue is rising

Answer: Option B

Solution

Answer: Option B
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