Q. For manufacturing firm (Solved)
1. average costs will rise as output reaches a certain level - then they will begin to fall
2. total costs will rise as output reaches a certain level - then they will begin to fall
3. marginal costs will rise as output reaches certain level - then they will begin to fall
4. average costs will fall as output reaches a certain level - then they will begin to rise
5. None of the above
- d. average costs will fall as output reaches a certain level - then they will begin to rise