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Other Fields Homework Help Economics Topic started by: sinerus on Aug 28, 2017



Title: Total cost of production is the sum of total variable cost and total fixed cost. If the total fixed ...
Post by: sinerus on Aug 28, 2017
Total cost of production is the sum of total variable cost and total fixed cost. If the total fixed cost alone decreases,
A) the vertical distance between the average total cost curve and the average variable cost curve decreases at all output levels.
B) the average variable cost curve shifts downward at all output levels.
C) the average total cost curve shifts upward at all output levels.
D) the marginal cost curve shifts downward at all output levels.


Title: Re: Total cost of production is the sum of total variable cost and total fixed cost. If the total ...
Post by: Quinn1981 on Aug 28, 2017
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