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Question 3 (1 point) If marginal cost ( MC ) is $14 and average total cost ( AC ) is $10, then AC Question 3

Question 3 (1 point)

If marginal cost (MC) is $14 and average total cost (AC) is $10, then AC

Question 3 options:

a)

is at a minimum.

b)

is decreasing.

c)

is at a maximum.

d)

is increasing.

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