Use the following to answer question:
-(Figure: A Firm's Cost Curves)Use Figure: A Firm's Cost Curves.The curve X represents the firm's _____ cost curve.
A)marginal
B)average total
C)average fixed
D)average variable

Question

Use the following to answer question: 
-(Figure: A Firm's Cost Curves)Use Figure: A Firm's Cost Curves.The curve X represents the firm's _____ cost curve.
A)marginal 
B)average total 
C)average fixed 
D)average variable

Quizplus · Accepted Answer

Curve X is upward-sloping, indicating that it is a variable cost curve. Therefore, the correct answer is D, average variable cost curve.

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