If, at the current level of output, a firm's average cost is greater than its marginal cost, then:
A) an increase in output must raise its aversge cost still further above marginal cost.
B)a reduction in output would rise average cost.
C)the firm is producing beyond its minimum average cost level
D) the marginal cost curve is downward sloping at the current level of output
E)Average fixed cost must be constant
Answers: 2
Business, 21.06.2019 18:30
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Business, 22.06.2019 16:00
In macroeconomics, to study the aggregate means to study blank
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Business, 22.06.2019 22:00
He interest rate effect is the change in real gdp caused by the federal reserve adjusting target interest rates. is the change in consumer and investment spending due to changes in interest rates resulting from changes in the aggregate price level. is the change in exports and imports, resulting from changes in the interest rate caused by changes in the aggregate price level. is the change in investment spending and government purchases caused by changes in money demand. is the change in interest rates, caused by changes to government purchases.
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If, at the current level of output, a firm's average cost is greater than its marginal cost, then: <...
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