If a firm's average variable cost curve is rising, its marginal cost must exceed its average variable cost.

Name: If a firm's average variable cost curve is rising, its marginal cost must exceed its average variable cost.
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If the average variable cost curve is rising, it means that the additional cost of producing one more unit is increasing. This is indicative of increasing marginal cost, meaning that the marginal cost must be higher than the average variable cost.

If a Firm's Average Variable Cost Curve Is Rising, Its