Answer to Question #277941 in Microeconomics for gifty

Question

When the marginal cost curve is above the average total cost curve:

 

A.  the average fixed cost curve is rising.

 

B.  the average fixed cost curve is horizontal.

 

C.  the marginal cost curve is falling.

 

D.  the marginal cost curve reaches a minimum.

 

E.  the average total cost curve is rising.

Answer 1

The answer is option E: The average total cost curve is raising