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Which of the Following CANNOT Be True at Any Output

Question 28

Multiple Choice

Which of the following CANNOT be true at any output along a perfectly competitive firm's short-run supply curve?


A) Average total cost is greater than marginal cost.
B) Marginal cost is greater than average total cost.
C) Average variable cost is greater than marginal cost.
D) Marginal cost is greater than average variable cost.

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