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    Microeconomics Study Set 3
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    Exam 7: Costs
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    If Average Cost Is Positive
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If Average Cost Is Positive

Question 28

Question 28

Multiple Choice

If average cost is positive,


A) marginal cost equals average cost.
B) marginal cost exceeds average cost.
C) marginal cost is less average cost.
D) Not enough information is given.

Correct Answer:

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