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    Managerial Economics Study Set 2
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    Exam 7: Economies of Scale and Scope
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    Once Marginal Cost Rises Above the Average Cost
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Once Marginal Cost Rises Above the Average Cost

Question 28

Question 28

Multiple Choice

Once marginal cost rises above the average cost,


A) Average costs will increase
B) Average costs will decrease
C) Average costs will stay the same
D) None of the above

Correct Answer:

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