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Which of the Following Statements About the Average Variable Cost

Question 85

Multiple Choice

Which of the following statements about the average variable cost curve is True?


A) The average variable curve emulates a normal supply curve.
B) The average variable cost curve declines as output increases.
C) The average variable cost curve usually is U-shaped.
D) If variable costs per unit were constant, then the average variable cost curve would be a vertical line.
E) The average variable cost curve resembles a normal demand curve.

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