When marginal cost is positive,total cost is ________ as output increases.
A) increasing
B) decreasing
C) constant
D) negative
E) undefined

Name: When marginal cost is positive,total cost is ________ as output increases. A) increasing B) decreasing C) constant D) negative E) undefined
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Question

Quizplus · Accepted Answer

When marginal cost is positive, it means that the cost of producing each additional unit of output is increasing. Therefore, as output increases, the total cost will also increase.

When Marginal Cost Is Positive,total Cost Is ________ as Output