The manager of Greene Enterprises,Inc.,recently estimated its average variable cost AVC) function to be 
Greene Enterprises faces total fixed costs TFC) of $300,000.When Greene's output is 2,000 units,average variable cost AVC) is
A) rising
B) falling
C) greater than short-run marginal cost
D) less than short-run marginal cost
E) both b and c
Correct Answer:
Verified
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