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    Principles of Economics Study Set 12
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    Exam 8: Costs and the Changes at Firms Over Time
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    Average Total Cost Increases as Long as Marginal Cost
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Average Total Cost Increases as Long as Marginal Cost

Question 65

Question 65

Multiple Choice

Average total cost increases as long as marginal cost


A) is greater than average cost.
B) is less than average cost.
C) increases faster than average cost.
D) increases more slowly than average cost.
E) increases.

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