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The Relationship Between Average Cost and Marginal Cost
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Problem 10
The Relationship Between Average Cost and Marginal Cost
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10. The Costs of Production / The Relationship Between Average Cost and Marginal Cost / Problem 5
Problem 5
What happens to average fixed cost as output increases?
A
Average fixed cost fluctuates unpredictably.
B
Average fixed cost remains the same.
C
Average fixed cost decreases.
D
Average fixed cost increases.
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