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D-john D-john
wrote...
Posts: 536
5 years ago

Question 1.

In the short run marginal cost is positive and increasing at output levels where total variable cost is ________ at a(n) ________ rate.



▸ increasing; increasing

▸ increasing; decreasing

▸ decreasing; increasing

▸ decreasing; decreasing

Question 2.

In the short run marginal cost is positive and decreasing at output levels where total variable cost is ________ at a(n) ________ rate.



▸ increasing; increasing

▸ increasing; decreasing

▸ decreasing; increasing

▸ decreasing; decreasing
Textbook 
Principles of Economics

Principles of Economics


Edition: 12th
Authors:
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Antoinette12Antoinette12
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Posts: 386
5 years ago
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