For the cost function :
A)marginal cost is constant.
B)average cost is U-shaped.
C)fixed costs diminish with q.
D)all of the above are true.

Name: For the cost function : A)marginal cost is constant. B)average cost is U-shaped. C)fixed costs diminish with q. D)all of the above are true.
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Question

For the cost function :
A)marginal cost is constant. 
B)average cost is U-shaped. 
C)fixed costs diminish with q. 
D)all of the above are true.

Quizplus · Accepted Answer

The Answer of For the cost function :
A)marginal cost is constant. 
B)average cost is U-shaped. 
C)fixed costs diminish with q. 
D)all of the above are true.

For the Cost Function