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jus10n jus10n
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3 years ago
If marginal cost is above average cost, then

AC is increasing.

AC is decreasing.

AVC is constant.

AVC is decreasing.
Textbook 
Essential Economics for Business

Essential Economics for Business


Edition: 5th
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bli14bli14
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3 years ago
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jus10n Author
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3 years ago
Good timing, thanks!
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Brilliant
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2 hours ago
Thanks
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