if-the-marginal-cost-is-less-than-the-average-cost-what-is-the-expected-change-i

Question

If the marginal cost is less than the average cost, what is the expected change in average cost?

Accepted Answer

The average cost will decrease.

Answer

The average cost will fluctuate unpredictably.

Answer

The average cost will remain the same.

Answer

The average cost will increase.