Multiple Choice
If Roberts Electronics finds that the average total cost of its radar detectors and the marginal cost of its radar detectors are both $85, then its:
A) marginal costs are falling.
B) average total cost is at its maximum.
C) average total costs are rising.
D) demand is elastic.
E) average total cost is at its lowest point.
Correct Answer:

Verified
Correct Answer:
Verified
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