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    Basic Marketing Study Set 1
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    Exam 17: Price Setting in the Business World
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    If a Firm's Average Variable Cost Is Constant Per Unit
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If a Firm's Average Variable Cost Is Constant Per Unit

Question 41

Question 41

True/False

If a firm's average variable cost is constant per unit, then the firm's average cost decreases continually as output increases because average fixed cost decreases continually.

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