If marginal cost is ______ average cost,then average cost will _____.
A) equal to; decrease
B) less than; increase
C) greater than; decrease
D) greater than; increase

Name: If marginal cost is ______ average cost,then average cost will _____. A) equal to; decrease B) less than; increase C) greater than; decrease D) greater than; increase
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Question

Quizplus · Accepted Answer

When marginal cost is greater than average cost, it pulls the average cost up, causing it to increase.

If Marginal Cost Is ______ Average Cost,then Average Cost Will