If marginal cost is rising with increasing output, average cost must also be rising?

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If marginal cost is rising with increasing output, average cost must also be rising?

Marginal analysis

Marginal analysis is the study of the additional benefits gained from an activity compared to the additional costs incurred by the same activity.

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If marginal cost is increasing that means that the rate of change in the cost of a production is increasing. As this increases each product costs...

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Marginal Analysis in Economics: Definition, Formula & Examples

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Chapter 3 / Lesson 47
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Discover what is marginal analysis and the marginal analysis definition. Explore marginal reasoning, marginal cost analysis, and the marginal analysis formula.


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