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corie corie
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7 years ago
Which of the following relationships is NOT valid?
A) Rising marginal cost implies that average total cost is also rising.
B) When marginal cost is below average total cost, the latter is falling.
C) When marginal cost is above average variable cost, AVC is rising.
D) none of the above
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Microeconomics

Microeconomics


Edition: 8th
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oracledarrenoracledarren
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7 years ago
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