A. If the marginal cost is greater than the average cost the average cost falls
B. If the marginal cost is greater than the average cost the average cost increase
C. If the marginal cost is positive total costs are miximised
D. If the marginal cost is negative total costs increase at a decreasing rate if output increases
Correct Answer: If the marginal cost is greater than the average cost the average cost increase ✔
Last Updated: June 18, 2019