Figure 15-1 -Refer to Figure 15-1. Considering the Relationship Between Average Total

question 138

Multiple Choice

Figure 15-1
-Refer to Figure 15-1. Considering the relationship between average total cost and marginal cost, the marginal cost curve for this firm must

• A)lie entirely above the average total cost curve.
• B)lie entirely below the average total cost curve.
• C)be U-shaped.
• D)be horizontal.