If the Firm's Fixed Costs Double While Variable Costs Are

question 92

Multiple Choice

If the firm's fixed costs double while variable costs are unchanged, then

• A) marginal cost more than doubles.
• B) marginal cost doubles.
• C) marginal cost remains unchanged.
• D) average total cost remains unchanged.
• E) average variable cost doubles.

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An English novelist, essayist, journalist, and critic, best known for his dystopian novel "1984" and the allegorical novella "Animal Farm."