Multiple Choice
Suppose the marginal cost curve in the short run first decreases and then increases.If marginal cost is decreasing,_____ must be _____ and _____ must be _____.
A) marginal product;increasing;average fixed cost;zero
B) average variable cost;decreasing;average fixed cost;increasing
C) average total cost;increasing;marginal cost;decreasing
D) marginal product;increasing;average variable cost;decreasing
Correct Answer:

Verified
Correct Answer:
Verified
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