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Home Q & A Board Other Fields Homework Help Business Economics
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sinerus sinerus
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7 years ago
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.
Textbook 
Survey of Economics: Principles, Applications and Tools

Survey of Economics: Principles, Applications and Tools


Edition: 6th
Authors:
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Quinn1981Quinn1981
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7 years ago
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Helped a lot
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