If a firms AC is rising, then a. MC is less than AC. b. MC is rising.
Question:
If a firm’s AC is rising, then
a. MC is less than AC.
b. MC is rising.
c. MC is greater than AC.
d. The firm is making an economic profit.
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D MC is greater than A...View the full answer
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Related Book For 
Managerial Economics
ISBN: 9781337106665
5th Edition
Authors: Luke M. Froeb, Brian T. McCann, Michael R. Ward
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