Regarding the Relationship Between Marginal Profit and Average Profit, Which

question 98

Multiple Choice

Regarding the relationship between marginal profit and average profit, which of the following statements is NOT true?

• A)If the average profit is rising, the marginal profit figure must be rising.
• B)If marginal profit is lower than average profit, then average profit must decrease when profit increases.
• C)If marginal profit is below average profit, the average profit decreases.
• D)All of these statements are true.

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