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    Business
  3. Study Set
    Economic Principles
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    Exam 11: The Cost of Doing Business
  5. Question
    Because of Increasing Marginal Costs, the _____ Cost Curve Is
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Because of Increasing Marginal Costs, the _____ Cost Curve Is

Question 38

Question 38

Multiple Choice

Because of increasing marginal costs, the _____ cost curve is generally upward sloping in the relevant range.


A) average variable
B) average fixed
C) demand curve
D) total fixed

Correct Answer:

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