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whipped whipped
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6 years ago
Average total cost decreases with an increase in output because:
A) the total variable cost decreases with an increase in output.
B) the average fixed cost decreases with an increase in output.
C) the marginal cost of production increases with an increase in output.
D) diminishing marginal returns sets in after a particular level of production.
Textbook 
Microeconomics

Microeconomics


Edition: 1st
Authors:
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losteinlostein
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