If Roberts Electronics Finds That the Average Total Cost of Its

question 19

Multiple Choice

If Roberts Electronics finds that the average total cost of its radar detectors and the marginal cost of its radar detectors are both $85, then

• A)its marginal costs are falling.
• B)average total cost is at its maximum.
• C)average total costs are rising.
• D)demand is elastic.
• E)average total cost is at its lowest level.

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