4.3 When marginal costs are greater than the average variable cost, the average variable cost must be

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4.3 When marginal costs are greater than the average variable cost, the average variable cost must be rising; when marginal costs are greater than the average total cost, the average total cost must be rising.

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Survey Of ECON

ISBN: 9780538478090

1st Edition

Authors: Robert L. Sexton

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