In general a fi rms . (LO2) a) total cost rises as output rises up to a

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In general a fi rm’s . (LO2)

a) total cost rises as output rises up to a certain point and then begins to decline

b) marginal cost rises as output rises up to a certain point and then begins to decline

c) average total cost declines as output rises up to a certain point and then begins to rise

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Economics

ISBN: 125375

10th Edition

Authors: Stephen Slavin

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