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-What Could Have Caused the Marginal Cost Curve to Decrease

Question 117

Multiple Choice

  -What could have caused the marginal cost curve to decrease from MC<sub>1</sub> to MC<sub>2</sub>? A) Total costs have increased B) Average total costs have increased. C) Marginal product has increased. D) Average variable costs have increased E) Fixed costs have decreased.
-What could have caused the marginal cost curve to decrease from MC1 to MC2?


A) Total costs have increased
B) Average total costs have increased.
C) Marginal product has increased.
D) Average variable costs have increased
E) Fixed costs have decreased.

Correct Answer:

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