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if the marginal cost curve is rising, which of the following must be true? group of answer choices the average total cost curve must be rising. the average total cost curve must be below the marginal cost curve. the average total cost curve must be above the marginal cost curve. total costs must be rising.

Respuesta :

The correct option is: Total cost must be rising.

Marginal cost is the increase in total cost associated with a one-unit increase in production. As long as MC is positive, the total costs is rising.

Average total cost can be decreasing and can be either above or below the marginal cost curve when the marginal cost curve is upward-sloping.

What is marginal cost curve?

The marginal cost (MC) curve is defined as the change in total cost divided by the change in the output of energy.

What is total cost?

Total cost is the sum of all costs incurred by a firm in producing a certain level of output.

Learn more about marginal cost here:

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