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If the marginal cost of producing the next unit of output is less than the average total cost, then Select one: a. the average total

If the marginal cost of producing the next unit of output is less than the average total cost, then

Select one:

a. the average total cost curve is increasing.

b. the marginal cost curve is at its minimum.

c. the average total cost curve is decreasing.

d. the average total cost curve is at its minimum.

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