4
answers
0
watching
114
views

If the marginal cost exceeds the average total cost, then:

A. average total cost decreases as output increases.

B. average fixed cost increases as output increases.

C. average variable cost increases as output increases.

D. average variable cost decreases as output increases

For unlimited access to Homework Help, a Homework+ subscription is required.

Unlock all answers

Get 1 free homework help answer.
Already have an account? Log in
Already have an account? Log in
Already have an account? Log in
Vaishnavi Kanukurti
Vaishnavi KanukurtiLv10
12 Sep 2020
Already have an account? Log in
Start filling in the gaps now
Log in