Marginal Cost

question 38

Multiple Choice

Marginal cost

• A)is constantly increasing,but as output increases it increases by smaller and smaller amounts.
• B)decreases at low outputs until it reaches its minimum value,then remains constant.
• C)decreases at low outputs and increases at high outputs.
• D)increases at low outputs until it reaches its maximum value,then remains constant.
• E)is constantly decreasing,but as output increases it decreases by smaller and smaller amounts.

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