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Author Question: In the short run, as output increases (Read 36 times)

captainjonesify

  • Hero Member
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  • Posts: 543
on: Apr 19, 2019

Question 1

The formula for 
AVC is


◦ q/
TVC.
◦ TVC/
q.
◦ Δ
TVC/Δ
q.
◦ Δ
q/Δ
TVC.

Question 2

In the short run, as output increases


◦ the difference between average total cost and average variable cost decreases.
◦ the difference between total cost and average variable cost decreases.
◦ marginal cost eventually decreases.
◦ All of these are correct.
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
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Marked as best answer by captainjonesify on Apr 19, 2019

briezy

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Reply #1 on: Apr 19, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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captainjonesify

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  • Posts: 543
Reply 2 on: Apr 19, 2019
Gracias!

Viet Thy

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  • Posts: 329
Reply 3 on: Yesterday
Great answer, keep it coming :)

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