If the marginal cost of producing the tenth unit of output is $2.50, and if the average total cost of producing the tenth unit of output is $3, then at ten units of output, average total cost is rising. A True B False
If the marginal cost of producing the tenth unit of output is $2.50, and if the average total cost of producing the tenth unit of output is $3, then at ten units of output, average total cost is rising. A True B False
Chapter6: Proudction Costs
Section: Chapter Questions
Problem 6SQP
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Transcribed Image Text:If the marginal cost of producing the tenth unit of output is $2.50, and if the average total cost
of producing the tenth unit of output is $3, then at ten units of output, average total cost is
rising.
A True
B False
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