If marginal cost is below average variable costa average, Ask an Expert

Economics

If marginal cost is below average variable cost:

A. Average total cost is increasing but average variable cost is decreasing

B. Both average total cost and average variable cost are decreasing

C. Both average total cost and average variable cost are increasing

D. Average variable cost is less than average fixed cost

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M91952030

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