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Figure 8.5.1 -Refer to Figure 8.5.1 Above. the Dashed Portion of the of the Marginal

Question 103

Multiple Choice

Figure 8.5.1 -Refer to Figure 8.5.1 above. The dashed portion of the marginal cost curve refers to: A) the portion where an increase in output results in an increase in profit. B) the portion where marginal cost is always equal to average total cost (ATC) , when ATC is at its minimum. C) the supply curve of the firm. D) the portion of the curve where the firm shuts down when it suffers losses. Figure 8.5.1
-Refer to Figure 8.5.1 above. The dashed portion of the marginal cost curve refers to:


A) the portion where an increase in output results in an increase in profit.
B) the portion where marginal cost is always equal to average total cost (ATC) , when ATC is at its minimum.
C) the supply curve of the firm.
D) the portion of the curve where the firm shuts down when it suffers losses.

Correct Answer:

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