Figure 13-2 The Figure Depicts a Total Cost Function for a Firm

question 18

Multiple Choice

Figure 13-2
The figure depicts a total cost function for a firm that produces cookies.

-Refer to Figure 13-2.What does the changing slope of the total-cost curve reflect

• A)decreasing average variable cost
• B)decreasing average total cost
• C)decreasing marginal product
• D)decreasing marginal cost

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