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    Principles of Microeconomics
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    Exam 8: Short-Run Costs and Output Decisions
  5. Question
    If Marginal Cost Is Above Average Total Cost, Average Total
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If Marginal Cost Is Above Average Total Cost, Average Total

Question 33

Question 33

Multiple Choice

If marginal cost is above average total cost, average total cost will


A) be minimized.
B) decrease.
C) increase.
D) remain constant.

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