Q. For manufacturing firm

(A) average costs will rise as output reaches a certain level - then they will begin to fall
(B) total costs will rise as output reaches a certain level - then they will begin to fall
(C) marginal costs will rise as output reaches certain level - then they will begin to fall
(D) average costs will fall as output reaches a certain level - then they will begin to rise

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✅ Correct Answer: (D) average costs will fall as output reaches a certain level - then they will begin to rise

Published by Mr. Dubey ⭐ 104.85K Points at 20-Sep-2023 12:33 pm in Industrial Engineering

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