Whenever ………..is greater than average total cost, average total cost is rising.

Related MCQs

• Whenever marginal cost is more than …………average total cost is falling:
• If the short-run average variable costs of production for a firm are rising, then this indicates that:
• The larger the diameter of a natural gas pipeline, the lower is the average total cost of transmitting 1,000 cubic feet of gas 1,000 miles. This is an example of:
• The competitive firm’s long run supply curve is the portion of it’s …………..curve lies above average total cost.
• So long as Average Revenue is falling, Marginal Revenue will be …………. Average Revenue
• Average cost pricing is also called as
• ……….. Measures the differences between the new total revenue and existing total revenue
• The distinction between variable cost and fixed cost is relevant only in
• Average revenue is the revenue per
• “A rupee tomorrow is worth less than a rupee today” relates to