If Total Cost Increases as Output Increases,then

question 165

Multiple Choice

If total cost increases as output increases,then:

• A) marginal cost must be equal to zero.
• B) marginal cost must be positive.
• C) marginal cost must be negative.
• D) marginal cost must be increasing.

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Definitions:

Statement Of Income

A financial document that summarizes a company's revenues, expenses, and profits over a specific period, typically a quarter or year.

Realized Gains

Profits earned from the sale of assets or investments when they are actually sold, as opposed to when they increase in value on paper.

Amortized Cost

The initial measurement of a financial asset or liability, adjusted for repayments of principal, accumulation of interest, and any loss in value.