When the Average Variable Cost Curve Is "U-Shaped" and Not

question 72

Multiple Choice

When the average variable cost curve is "u-shaped" and not everywhere upward or downward sloping, marginal cost will:

• A)never intersect the average variable cost curve.
• B)never equal marginal revenue.
• C)intersect or "bisect" the average variable cost curve at its minimum.
• D)always be increasing.

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