Which of the Following Is True About the Relationships Among

question 71

Multiple Choice

Which of the following is true about the relationships among various cost curves?

• A)When MC exceeds ATC,ATC must be rising.
• B)When MC exceeds ATC,ATC could be rising or falling.
• C)When ATC is falling,MC must exceed ATC.
• D)When TC is rising,MC must exceed TC.
• E)TC falls when AFC falls.

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