Figure 7.1 -Refer to Figure 7.1. at Output Level Q₂

question 94

Multiple Choice

Figure 7.1
-Refer to Figure 7.1. At output level Q₂

• A) average fixed cost is increasing.
• B) average variable cost equals average fixed cost.
• C) marginal cost is negative.
• D) average total cost is negative.
• E) none of the above

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