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Other Fields Homework Help Economics Topic started by: Ryanteck on Jun 27, 2017



Title: Average variable cost and average total costs get closer together as output increases because
Post by: Ryanteck on Jun 27, 2017
Average variable cost and average total costs get closer together as output increases because
A) marginal costs decrease as output increases.
B) average fixed costs decrease as output increases.
C) economies of scale become apparent.
D) diminishing returns set in.


Title: Re: Average variable cost and average total costs get closer together as output increases because
Post by: goldlilys on Jun 27, 2017
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