Business, 15.01.2020 06:31 gypsybrio1512
If the marginal cost of production is greater than the average cost, in what direction must the average cost be changing, if any?
a) the average cost must be falling.
b) the average cost must be rising.
c) the average cost is unaffected.
d) the average cost would become non-existent.
e) the average cost would equal 0.
Answers: 2
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If the marginal cost of production is greater than the average cost, in what direction must the aver...
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