Multiple Choice
As output increases,average total cost eventually rises because
A) average fixed cost increases at a faster rate than average variable cost.
B) average variable cost will eventually increase at a faster rate than that at which average fixed cost declines.
C) marginal cost is offset by fixed cost.
D) of a declining rate of increase in total cost.
E) increases in average total cost offset increases in average variable cost.
Correct Answer:

Verified
Correct Answer:
Verified
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