If total cost rises as the level of output produced increases,then:
A)marginal cost must be rising.
B)marginal cost must be constant.
C)marginal cost must be falling.
D)marginal cost must be positive.

Question

Quizplus · Accepted Answer

Marginal cost refers to the increase in total cost that arises from an extra unit of production. If the total cost is rising with the level of output, it means that producing each additional unit is adding to the total cost, indicating that the marginal cost is positive.

If Total Cost Rises as the Level of Output Produced