A. total cost decreases
B. average cost decreases and then increases
C. average cost increases
D. marginal cost steadily increase
E. total cost remains constant
Correct Answer:
Option B – average cost decreases and then increases
A. total cost decreases
B. average cost decreases and then increases
C. average cost increases
D. marginal cost steadily increase
E. total cost remains constant
Correct Answer:
Option B – average cost decreases and then increases
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