Question

Average costs curves rise with production ​ a. ​Due to marginal costs being less than average costs b. ​Due to rising marginal costs c. ​Due to declining average fixed costs d. ​Due to rising average fixed costs

Answer 1

Answer:(B)- Due to rising marginal cost

Explanation:

When average cost is rising with production , marginal cost is greater than average cost. Thus, marginal cost rises.

When average cost is declining with production, marginal cost is less than average cost. Thus, marginal cost falls