Examlex

Solved

-What Could Have Caused the Average Total Cost Curve to Decrease

question 45

Multiple Choice

  -What could have caused the average total cost curve to decrease from ATC<sub>1</sub> to ATC<sub>2</sub>? A) The price of the product has decreased. B) The price of a variable input has decreased. C) Average product has decreased. D) Average variable costs have increased. E) Average fixed costs have increased.
-What could have caused the average total cost curve to decrease from ATC1 to ATC2?


Definitions:

Related Questions