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    Exam 11: Production and Cost Analysis I
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    If Marginal Cost Is Greater Than Average Variable Cost, Average
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If Marginal Cost Is Greater Than Average Variable Cost, Average

Question 41

Question 41

Multiple Choice

If marginal cost is greater than average variable cost, average variable cost will:


A) increase as output increases.
B) decrease as output increases.
C) not change as output increases.
D) equal average total cost.

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