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Business, 24.03.2020 21:21 monai2005

Which of the statements is not true?Marginal cost is the change in a firm's total cost due to a one‑unit change in output. Costs that are small and unimportant with little impact on profits are called marginal costs. Marginal cost and marginal productivity are inversely related. A marginal cost curve will always intersect the average total cost curve at the minimum average total cost.

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Which of the statements is not true?Marginal cost is the change in a firm's total cost due to a one‑...

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