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Other Fields Homework Help Economics Topic started by: Loraine on Jun 21, 2015



Title: The U-shape of the average variable, average total, and marginal cost curves reflects
Post by: Loraine on Jun 21, 2015
The U-shape of the average variable, average total, and marginal cost curves reflects
A) increasing marginal returns.
B) decreasing marginal returns.
C) both increasing and decreasing marginal returns.
D) decreasing marginal product.
E) the point that implicit costs become a smaller fraction of total cost as output increases.


Title: Re: The U-shape of the average variable, average total, and marginal cost curves reflects
Post by: Chimelo46 on Jul 29, 2015
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Title: Re: The U-shape of the average variable, average total, and marginal cost curves reflects
Post by: Chimelo46 on Aug 31, 2015
The textbook reference in your signature really helped me narrow it down.

Happy to help ;)