Answer Question 10 and 11 using the diagram below. The diagram shows the daily average cost curve for a DVD producer. CH

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Answer Question 10 And 11 Using The Diagram Below The Diagram Shows The Daily Average Cost Curve For A Dvd Producer Ch 1 (279.95 KiB) Viewed 19 times

Answer Question 10 and 11 using the diagram below. The diagram shows the daily average cost curve for a DVD producer. CHOREN VED Explain what happens to total cost at output levels greater than Z. A. Total cost decreases at an increasing rate B. Total costs continue to rise but more steeply C. MC AC, therefore AC rises D. MCAC, therefore TC increases at a faster rate QUESTION 11 At output levels greater than Z, which one of the following correctly identifies what will happen to the cost? Average fixed cost Average variable cost Marginal cost A Falls Falls B Falls C Rises D: Rises Rises Rises Rises Rises Rises Falls Rises (4 Marks)