As Output Increases

question 322

Multiple Choice

As output increases,

• A)average variable cost becomes smaller and smaller.
• B)the difference between average total cost and average variable cost decreases.
• C)marginal cost increases continuously.
• D)the difference between average total cost and average variable cost becomes greater and greater.

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Definitions:

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Scientific Terminology

Language and terms that are specifically used within the scientific community for precise communication regarding research, findings, and concepts.

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