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    Foundations of Macroeconomics
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    Exam 14: Production and Cost
  5. Question
    Which of the Following Always Decreases When Output Increases
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Which of the Following Always Decreases When Output Increases

Question 21

Question 21

Multiple Choice

Which of the following always decreases when output increases?


A) total fixed cost
B) marginal cost
C) average variable cost
D) average fixed cost
E) total cost

Correct Answer:

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