Which of the Following Conditions Best Explain the Short-Run Economies

question 296

Multiple Choice

Which of the following conditions best explain the short-run economies of operation associated with production of an information product?

• A) AVC slopes downward, and AFC is constant, so that ATC slopes downward.
• B) AVC is constant, and AFC slopes downward, so that ATC slopes downward.
• C) AFC is constant, and MC slopes downward, so that AVC slopes downward.
• D) MC is constant, and MC slopes upward, so that AVC slopes upward.

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