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    Managerial Economics Study Set 4
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    Exam 7: The Theory and Estimation of Cost Appendices 7A,7B,and 7C
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    The Relationship Between MC and AC Can Best Be Described
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The Relationship Between MC and AC Can Best Be Described

Question 24

Question 24

Multiple Choice

The relationship between MC and AC can best be described as


A) when AC increases,MC starts to increase.
B) when MC increases,AC starts to increase.
C) when MC decreases,AC decreases.
D) when MC exceeds AC,AC increases.

Correct Answer:

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