Average variable cost and average total costs get closer together as output increases because

Ryanteck

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7 years ago

Average variable cost and average total costs get closer together as output increases because

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.

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Ryanteck Author

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7 years ago

Smart ... Thanks!

dedricgard

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Yesterday

Correct

djeghri

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2 hours ago

Thanks for your help!!

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