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    Exam 8: Short-Run Costs and Output Decisions
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    If Marginal Cost Is Above Average Variable Cost, Then
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If Marginal Cost Is Above Average Variable Cost, Then

Question 268

Question 268

Multiple Choice

If marginal cost is above average variable cost, then


A) average variable cost is increasing.
B) marginal cost must be decreasing.
C) average variable cost is constant.
D) average variable cost is decreasing.

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