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Greg's Restaurant Specializes in Cheeseburger and Produces About 2,000 Burgers

Question 159

Multiple Choice

Greg's Restaurant specializes in cheeseburger and produces about 2,000 burgers daily.Greg's rent went up by 15 percent over last year.This will result in


A) a shift up of Greg's marginal cost curve, but no other curves will shift up.
B) a shift up of both Greg's marginal cost and average total cost.
C) a shift up of the marginal cost, average variable cost, and average total cost curve.
D) a shift up of only Greg's average total cost curve.

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