When the Short-Run Marginal Cost Curve Is Upward-Sloping

question 109

Multiple Choice

When the short-run marginal cost curve is upward-sloping,

• A)The average total cost curve is upward-sloping.
• B)The average total cost curve is above the marginal cost curve.
• C)Diminishing returns occurs with greater output.
• D)There are diseconomies of scale.

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