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    Economics-Microeconomics
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    Exam 11: Output and Costs
  5. Question
    If Average Variable Cost Is Decreasing as Output Increases, Then
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If Average Variable Cost Is Decreasing as Output Increases, Then

Question 356

Question 356

Multiple Choice

If average variable cost is decreasing as output increases, then marginal cost is definitely


A) decreasing as output increases.
B) increasing as output increases.
C) less than average variable cost.
D) greater than average variable cost.

Correct Answer:

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