If the short-run average variable costs of production for a firm are rising, then this indicates that: | Faculties

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Vijay Sangwan

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📊 MicroEconomics, Theory and Applications 1

Q. If the short-run average variable costs of production for a firm are rising, then this indicates that:

(A) average total costs are at a maximum
(B) average fixed costs are constant
(C) marginal costs are above average variable costs
(D) average variable costs are below average fixed costs

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✅ Correct Answer: (C) marginal costs are above average variable costs

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