Multiple Choice
If as output increases average product increases, then
A) average total cost decreases.
B) average fixed cost decreases.
C) marginal cost decreases.
D) average variable cost decreases.
Correct Answer:
Verified
Related Questions
If as output increases average product increases, then
A) average total cost decreases.
B) average fixed cost decreases.
C) marginal cost decreases.
D) average variable cost decreases.
Correct Answer:
Verified