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    Principles of Economics
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    Exam 13: The Costs of Production
  5. Question
    Marginal Cost Is Equal to Average Total Cost When
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Marginal Cost Is Equal to Average Total Cost When

Question 23

Question 23

Multiple Choice

Marginal cost is equal to average total cost when:


A) marginal cost is at its minimum
B) average total cost is at its minimum
C) average variable cost is falling
D) average fixed cost is rising

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