Which of the following is true?

1180EconomicsMedium

AIf the marginal cost is negative total costs increase at a decreasing rate if output increases

BIf the marginal cost is greater than the average cost the average cost falls

CIf the marginal cost is positive total costs are miximised

DIf the marginal cost is greater than the average cost the average cost increase

Correct answer

D. If the marginal cost is greater than the average cost the average cost increase

Explanation

The correct answer is If the marginal cost is greater than the average cost the average cost increase.

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