Marginal cost curves and average cost curves are both purely upward sloping.
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Q30: Total cost equals average cost multiplied by
Q31: Marginal cost is defined by the slope
Q32: If total profit is at a maximum,
Q33: If average cost is falling, then marginal
Q34: Marginal revenue equals the change in total
Q36: If marginal cost is less than average
Q37: If marginal cost of an additional unit
Q38: Marginal, average, and total figures are bound
Q39: The addition to total revenue resulting from
Q40: Whenever marginal cost is positive, average cost
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