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jhaygood86 jhaygood86
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6 years ago
A business has no fixed costs. If average total cost is constant as output increases,
A) marginal cost is increasing.
B) total cost is increasing.
C) total cost is decreasing.
D) marginal cost is decreasing.
E) total cost is constant.
Textbook 
Microeconomics for Life: Smart Choices for You

Microeconomics for Life: Smart Choices for You


Edition: 2nd
Author:
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martrekmartrek
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6 years ago
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3 years ago
thanks!
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