When marginal cost is increasing,
A)total cost must be increasing.
B)average total cost must be increasing.
C)average total cost must be decreasing.
D)average fixed cost might be increasing or decreasing.

Name: When marginal cost is increasing, A)total cost must be increasing. B)average total cost must be increasing. C)average total cost must be decreasing. D)average fixed cost might be increasing or decreasing.
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Question

Quizplus · Accepted Answer

When marginal cost is increasing, total cost must be increasing.

When Marginal Cost Is Increasing