If marginal cost is above average variable cost at a time when output is rising, then ______________.

average total cost is falling

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average variable cost is rising

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average variable cost is falling

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average total revenue is rising

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Solution

The correct option is B average variable cost is rising
If marginal cost is above average variable cost at a time when output is rising, then average variable cost is rising.

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If marginal cost is above average variable cost at a time when output is rising, then ______________.

The correct option is B average variable cost is risingIf marginal cost is above average variable cost at a time when output is rising, then average variable cost is rising.

The correct option is B average variable cost is rising
If marginal cost is above average variable cost at a time when output is rising, then average variable cost is rising.