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Marginal cost is equal to average total cost when a. average variable cost is falling. b. marginal cost is at its minimum. c. average total cost is at its minimum. d. average fixed cost is rising.
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Mar 17, 2023
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Marginal cost is equal to average total cost when a. average variable cost is falling. b. marginal cost is at its minimum. c. average total cost is at its minimum. d. average fixed cost is rising.
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Answer: C
Explanation: average total cost is at its minimum
Chiheb Nexus
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Mar 23, 2023
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