If average variable costs fall as output grows:
A)marginal costs must also be declining.
B)fixed cost must also be declining.
C)total cost must also be declining.
D)average cost must be below average variable cost.

Question

Quizplus · Accepted Answer

The Answer of If average variable costs fall as output grows:
A)marginal costs must also be declining.
B)fixed cost must also be declining.
C)total cost must also be declining.
D)average cost must be below average variable cost.

If Average Variable Costs Fall as Output Grows