The Marginal Cost Curve

question 142

Multiple Choice

The marginal cost curve

• A) first rises and then declines.
• B) rises when the average total cost curve lies above the average variable cost curve.
• C) rises when marginal product begins to fall.
• D) intersects the total variable cost and total cost curves at less than their maximum points.
• E) is the same as the marginal revenue curve.

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