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When the Average Variable Cost Curve Is "U-Shaped" and Not

Question 72

Multiple Choice

When the average variable cost curve is "u-shaped" and not everywhere upward or downward sloping, marginal cost will:


A) never intersect the average variable cost curve.
B) never equal marginal revenue.
C) intersect or "bisect" the average variable cost curve at its minimum.
D) always be increasing.

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