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Home Q & A Board Other Fields Homework Help Business Economics
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Ryanteck Ryanteck
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7 years ago
Average total cost of producing 100 units of output is $5.  If the marginal cost of producing the 101st unit is $4, then average total cost of 101 units is less than $5.
A) True
B) False
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goldlilysgoldlilys
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#1
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7 years ago
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7 years ago
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