Average total cost necessarily rises due to which of the following?
(i) rising marginal cost
(ii) increasing marginal product
(iii) decreasing marginal cost
A)(i) only
B)(i) and (ii)
C)(ii) only
D)none of the above

Question

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The Answer of Average total cost necessarily rises due to which of the following?
(i) rising marginal cost
(ii) increasing marginal product
(iii) decreasing marginal cost
A)(i) only
B)(i) and (ii)
C)(ii) only
D)none of the above

Average Total Cost Necessarily Rises Due to Which of the Following