S

Shiva Ram • 29.40K Points
Instructor II 

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.

Correct Answer - Option(C)

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