Question
If total fixed costincreases, then the average total cost curve_______ and the marginal cost curve_______. A. does notshift; does not shift B. shiftsupward; does not
If total fixed costincreases, then the average total cost curve_______ and the marginal cost curve_______.
A.
does notshift; does not shift
B.
shiftsupward; does not shift
This is the correct answer.
C.
does notshift; shifts upward
D.
shiftsupward; shifts upward
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Using Excel For Principles Of Econometrics
Authors: R Carter Hill, Genevieve Briand
4th Edition
1118032101, 9781118032107
