Total Cost Falls When Marginal Cost Is ________,And Total Cost

question 72

Multiple Choice

Total cost falls when marginal cost is ________,and total cost rises when marginal cost is ________.

• A) zero; negative
• B) zero; positive
• C) positive; negative
• D) negative; positive

---

Definitions:

Original Bundle

A combination of goods or services initially chosen by a consumer before any changes in price or income.

Price Rise

An increase in the cost of goods or services, which can affect purchasing power and economic indicators like inflation.

Original Bundle

A combination of goods and services initially selected by a consumer or economic agent, before considering trades or changes.

Price Rise

An increase in the monetary value of goods or services over time.