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Author Question: Consider the short-run costs of a firm. Suppose the firm's total fixed costs are $100 and average ... (Read 54 times)

Tiffanyanne824

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on: Oct 12, 2022
Consider the short-run costs of a firm. Suppose the firm's total fixed costs are $100 and average variable costs are constant regardless of output. Which of the following is true?
◦ Marginal cost will be rising as output rises.
◦ Average total costs will be constant.
◦ Marginal cost will be less than average variable cost.
◦ Marginal cost will equal average total cost.
◦ Average total cost will decrease when output is increased.
Microeconomics ¦ Ragan ¦ 17th Edition
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Marked as best answer by Tiffanyanne824 on Oct 12, 2022

Asfa

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Reply #1 on: Oct 12, 2022
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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Tiffanyanne824

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Reply 2 on: Oct 12, 2022
Thanks for the timely response, appreciate it

mammy1697

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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