If marginal cost is rising in a competitive firms short-run, Ask an Expert

Economics

If marginal cost is rising in a competitive firm's short-run production process and its average variable cost is falling as output is increased, then: A. average fixed cost is constant. B. marginal cost is below average variable cost. C. marginal cost is above average variable cost. D. marginal cost is below average fixed cost.

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M91562629

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