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Microeconomics 9th Edition by Stephen Slavin
Edition 9ISBN: 9780077426767Microeconomics 9th Edition by Stephen Slavin
Edition 9ISBN: 9780077426767 Exercise 4
Which statement is false?
A) AFC plus AVC equals ATC.
B) Marginal cost equals AVC at an output of one.
C) AVC equals ATC at an output of one.
D) None is false.
A) AFC plus AVC equals ATC.
B) Marginal cost equals AVC at an output of one.
C) AVC equals ATC at an output of one.
D) None is false.
Explanation
Verified
Verified
Hence, the options (a), (b) and (d) are ...
Microeconomics 9th Edition by Stephen Slavin
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