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    Microeconomics Study Set 49
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    Exam 8: Cost Curves
  5. Question
    When Average Cost Is "U-Shaped" (Neither Always Rising nor Always
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When Average Cost Is "U-Shaped" (Neither Always Rising nor Always

Question 80

Question 80

True/False

When average cost is "u-shaped" (neither always rising nor always falling), the marginal cost curve will not intersect with the average cost curve at all.

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