Short-Run Production Costs Practice Test

The marginal cost and average total cost curves will shift upward, but the average fixed cost curve will be unchanged.

Only the average fixed cost curve and the average total cost curve will shift upward.

The marginal cost curve will be unaffected, but the average total cost and average fixed cost curves will shift upward.

Only the marginal cost curve will shift upward, while the average cost curves will remain unchanged.