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    Principles of Micro Economics
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    Exam 4: Production, Costs, and Demand Analysis
  5. Question
    Marginal Costs and Average Variable Costs Are Equal When
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Marginal Costs and Average Variable Costs Are Equal When

Question 2

Question 2

Multiple Choice

Marginal costs and average variable costs are equal when


A) average variable cost is a maximum
B) average variable cost is rising
C) average variable cost is falling
D) average variable cost is a minimum

Correct Answer:

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