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    Exam 11: Behind the Supply Curve: Inputs and Costs
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    For Every Restaurant in Cleveland, the Average Total Cost Curve
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For Every Restaurant in Cleveland, the Average Total Cost Curve

Question 254

Question 254

Multiple Choice

For every restaurant in Cleveland, the average total cost curve ________ at levels of output, then ________ at levels.


A) falls; low; rises; higher
B) rises; low; falls; higher
C) rises; higher; rises; low
D) falls; higher; falls; low

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