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sinerus sinerus
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6 years ago
Suppose you know that at the current level of production average total cost equals marginal cost, then you know that it is also true that
A) fixed costs are zero.
B) average total cost is minimized at the current level of output.
C) average total cost will decrease if production is increased.
D) average fixed costs are increasing.
Textbook 
Survey of Economics: Principles, Applications and Tools

Survey of Economics: Principles, Applications and Tools


Edition: 6th
Authors:
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trumpetsoflifetrumpetsoflife
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6 years ago
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sinerus Author
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6 years ago
this is exactly what I needed
GeorgeNeist
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Thanks
jaray75
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2 hours ago
This helped my grade so much Perfect
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