In general a firms ______. a) total cost rises as output rises up to a certain point
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In general a firm’s ______.
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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ANSWER The correct answer is c average total cost declines as output rises up to ...View the full answer
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