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jhaygood86 jhaygood86
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6 years ago
A business has no fixed costs. If total cost is constant as output increases,
A) marginal cost is decreasing.
B) marginal cost is zero.
C) average total cost is increasing.
D) marginal cost is increasing.
E) average 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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6 years ago
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