Use the figure below to answer the following questions. Figure 10.3.2
-Refer to Figure 10.3.2,which illustrates the short-run average and marginal cost curves.The average variable cost curve is curve
A)A.
B)B.
C)C.
D)D.
E)C minus curve B

Question

Use the figure below to answer the following questions.  Figure 10.3.2
-Refer to Figure 10.3.2,which illustrates the short-run average and marginal cost curves.The average variable cost curve is curve
A)A. 
B)B. 
C)C. 
D)D. 
E)C minus curve B

Quizplus · Accepted Answer

The average variable cost (AVC) curve typically lies below the average total cost (ATC) curve and above the marginal cost (MC) curve in the short run. Curve B is likely the AVC curve as it fits this description.

Use the Figure Below to Answer the Following Questions