If Q = 1, 2, 3 Units of Output, and Total

question 68

Multiple Choice

If q = 1, 2, 3 units of output, and total costs are, respectively, $2, 3, 4, then in this range of output marginal cost:

• A)is constant.
• B)is rising.
• C)is falling.
• D)is $2.00, $1.50, $1.33.
• E)can't be determined by the data given.

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