When AFC is falling,ATC
A) must be rising.
B) must be falling.
C) may be falling or rising.
D) will remain constant.
Correct Answer:
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Q127: When output rises,AFC
A)must be rising.
B)must be falling.
C)may
Q128: Each of the following industries takes great
Q129: If the U-shaped ATC curve is flattened
Q130: Statement I: Adam Smith argued that specialization
Q131: Varying plant sizes are shown graphically by
A)economies
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Q135: When AVC is rising,ATC
A)must be rising.
B)must be
Q136: As output rises,AVC
A)must be rising.
B)must be falling.
C)may
Q137: Statement I: There are tremendous economies of
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