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19. Average total cost is very high when a small amount of output is produced because A. of diminishing marginal product . B. variable costs
19. Average total cost is very high when a small amount of output is produced because A. of diminishing marginal product . B. variable costs are spread over only a few units of output. C. average fixed cost is large. D. all of the above
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Business and Administrative Communication
Authors: Kitty o. locker, Donna s. kienzler
10th edition
77830105, 978-0077830106, 978-0073403182
