If a firm's total cost curve is defined by a straight line that has a positive intercept that is equal to fixed costs, then?

Question

a. average cost is equal to marginal cost for all levels of output.

b. average cost is negatively sloped and marginal cost is horizontal.

c. both average cost and marginal cost are negatively sloped, but they are not equal to each other.

d. both average cost and marginal cost are horizontal, and average cost is below marginal cost at all levels of output.

Emad Mohammed said abdalla · Answer

If a firm's total cost curve is defined by a straight line that has a positive intercept that is equal to fixed costs, then The correct answer was: b. average cost is negatively sloped and marginal cost is horizontal..

Zehab Osman · Answer

B---------------------------------------------------------

مستخدم محذوف‎ · Answer

The answer is option B

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Thanks

Mohammed Fathe Shaheem · Answer

b.......................... Agreed by experts..............................

mohamed badawy · Answer

I choose number b............................................................................

Salvatore Augello · Answer

that's answer B _____________________________

Khaled Anwar · Answer

The answer is : Option ( B )

Ayoub Tartir , PMP, GWCPgM, CISA, CISSP, CAP, CSSLP, FITSP-D, CEH, CHFI, CCNA, CCNA Security, Security+, Network+ · Answer

My answer is also option (B)

Ahmed kandil · Answer

B is the correct answer
Thank you

Wasi Rahman Sheikh · Answer

Right answer option <<<<<<<<<<<<<<<<

Bello Abubakar · Answer

B is the correct answer...................................