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Phydeaux Phydeaux
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6 years ago
A business has no fixed costs. If marginal cost is constant as output increases,
A) total cost is decreasing.
B) total cost is increasing.
C) average total cost is decreasing.
D) average total cost is increasing.
E) total cost is constant.
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Microeconomics for Life: Smart Choices for You

Microeconomics for Life: Smart Choices for You


Edition: 2nd
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holymanholyman
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