What happens when the marginal cost curve is below the average total cost curve ?

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kt1998Lv10

20 Mar 2022

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Related questions

in the short run the individual competitive firm's supply curve is that segment of the

Average variable cost curve lying below the marginal cost curve
Marginal cost curve lying above the average variable cost curve
Marginal revenue curve lying below the demand curve
Marginal cost curve lying between the average total cost curve and the average variable cost curves

copperbee133

2. Which statement about short-run cost curves is false? A) The average fixed cost curve is always downward sloping. B) The marginal cost curve cuts the average variable and average total cost curves at their maximum points. C) When marginal cost is above average variable cost, average variable cost is rising. D) When marginal cost is below average total cost, average total cost is falling. E) The average total cost curve is U-shaped.

A firm short-run supply curve is equal to the firm's _____.

a. marginal revenue curve

b. demand curve

c. marginal cost curve above minimum average total cost (ATC)

d. marginal cost curve below minimum average variable cost (AVC)

e. marginal cost curve above minimum average variable cost (AVC)