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Alex_Xolod [135]
3 years ago
12

Q11. When marginal costs are below average total costs, a. average fixed costs are rising. b. average total costs are falling. c

. average total costs are rising. d. average total costs are minimized.
Business
1 answer:
gogolik [260]3 years ago
3 0

When marginal costs are below average total costs, average total costs are falling. Option B is correct.

<h3>What is Marginal Cost?</h3>

In simple terms, marginal cost is defined as the extra cost of producing more or an extra unit of a product.

In other words, it is the cost of producing extra units of a product.

Learn more about Marginal Cost

brainly.com/question/3200587

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LO 7.4A company has prepared the operating budget and the cash budget. It is now preparing the budgeted balance sheet. Identify
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