Figure 8.5.1
-Refer to Figure 8.5.1 above. The dashed portion of the marginal cost curve refers to:
A) the portion where an increase in output results in an increase in profit.
B) the portion where marginal cost is always equal to average total cost (AT
C), when ATC is at its minimum.
C) the supply curve of the firm.
D) the portion of the curve where the firm shuts down when it suffers losses.

Question

Figure 8.5.1
-Refer to Figure 8.5.1 above. The dashed portion of the marginal cost curve refers to:
A) the portion where an increase in output results in an increase in profit. 
B) the portion where marginal cost is always equal to average total cost (AT
C), when ATC is at its minimum. 
C) the supply curve of the firm. 
D) the portion of the curve where the firm shuts down when it suffers losses.

Quizplus · Accepted Answer

The Answer of  Figure 8.5.1
-Refer to Figure 8.5.1 above. The dashed portion of the marginal cost curve refers to:
A) the portion where an increase in output results in an increase in profit. 
B) the portion where marginal cost is always equal to average total cost (AT
C), when ATC is at its minimum. 
C) the supply curve of the firm. 
D) the portion of the curve where the firm shuts down when it suffers losses.

Figure 8.5.1 -Refer to Figure 8.5.1 Above. the Dashed Portion of the of the Marginal