When the Average Total Cost Curve Is Downward Sloping,what Must

question 36

Multiple Choice

When the average total cost curve is downward sloping,what must be true about the marginal cost curve?

• A) It is U-shaped.
• B) It is a straight line.
• C) It is upward sloping.
• D) It is below the average total cost curve.
• E) It is above the average total cost curve.

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Definitions:

Mary Calkins

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