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For any given level of output and fixed cost: Group of answer choices marginal cost is always greater than average cost. fixed cost is always
For any given level of output and fixed cost:
Group of answer choices
marginal cost is always greater than average cost.
fixed cost is always greater than variable cost.
None of the choices is necessarily correct.
average fixed cost is always greater than average variable cost.
average total cost is greater than average variable cost.
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