Which of the following is true if the total cost curve is rising?

Question

Quizplus · Accepted Answer

If the total cost curve is rising, it means that the cost of producing each additional unit of output (marginal cost) is also increasing. Option A is incorrect because total fixed cost remains constant regardless of the level of production. Option B is incorrect because the total fixed cost does not change with the level of output. Option C is incorrect because the marginal cost is affected by the total cost and is increasing when the total cost curve is rising.

Which of the Following Is True If the Total Cost