Which of the Following Is True of the Relationship Between

question 133

Multiple Choice

Which of the following is true of the relationship between average and marginal costs?​

• A)If the marginal cost is greater than the average cost, the average cost is increasing.
• B)If the marginal cost is greater than the average cost, the average cost is decreasing​
• C)If the marginal cost is greater than the average cost, the marginal cost is increasing​
• D)If the marginal cost is greater than the average cost, the marginal cost is decreasing​
• E)If the marginal cost is greater than the average cost, the total cost is decreasing​

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