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Figure 8-5 -Refer to Figure 8-5.Curve G Approaches Curve F Because

Question 183

Multiple Choice

Figure 8-5
Figure 8-5 -Refer to Figure 8-5.Curve G approaches curve F because A) marginal cost is above average variable costs. B) average fixed cost falls as output rises. C) fixed cost falls as capacity rises. D) total cost falls as more and more is produced.
-Refer to Figure 8-5.Curve G approaches curve F because

A) marginal cost is above average variable costs.
B) average fixed cost falls as output rises.
C) fixed cost falls as capacity rises.
D) total cost falls as more and more is produced.

Correct Answer: