If the MC curve is rising then the ATC curve must be
A) rising.
B) falling.
C) above MC.
D) below MC.
E) horizontal.
Correct Answer:
Verified
Q102: The MC curve shifts upward if
A)factor prices
Q103: If the ATC curve is falling then
Q104: Marginal cost equals
A)TC/Q.
B)Q/TVC.
C)(TC - TVC)/Q.
D)TC/ΔQ.
E)ΔTC/ΔQ.
Q105: A rise in the price of a
Q106: If the ATC curve is falling,then the
Q108: Marginal cost equals
A)Q/TVC.
B)ΔTFC/ΔTC.
C)ΔTC/ΔQ.
D)ΔQ/ΔTVC.
E)(TC - TVC)/Q.
Q109: The ATC curve shifts upward if
A)factor prices
Q110: Which of the following quotes best illustrates
Q111: A technological advance will shift (1)TP,AP,and MP
Q112: The average fixed cost curve slopes downward
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