Which of the Following Is Always True

question 98

Multiple Choice

Which of the following is always true?

• A) When marginal costs are less than average total costs, average total costs will be decreasing.
• B) When average fixed costs are falling, marginal costs must be less than average fixed costs.
• C) When average fixed costs are rising, marginal costs must be greater than average total costs.
• D) When marginal costs are greater than average total costs, average total costs will be decreasing.

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