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Economics Add in library

Referencing Styles : Harvard
Which of the following statement is trur regarding the relationship between average and marginal cost funtions? a.The average  cost function is always smaller than marginal cost function. b.The average  cost function is always greater than marginal cost function. c. When average cost is a decreasing function of output,marginal cost is greater than average cost. d. When average cost neither decreases or increases( because it is constant or at a minimum point), marginal cost is equal ...

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Tags: United State  Louisiana   University of Louisiana  Economics Economics 


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