Average-variable-cost curve

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Which of the following statements are true according to the previous graph? Check all that apply. The marginal-cost curve lies above the average-variable-cost curve. The marginal-cost curve is below the average-total-cost curve when output is less than four and average total cost is declining. The marginal-cost curve is below the average-total-cost curve when output is greater than four and average total cost is rising.

Reference no: EM131104799

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