Q
When average cost is falling marginal cost is ________ and when average cost is rising marginal cost is?
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A
A. Greater than average cost, greater than average cost
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B
B. Less than average cost, greater than average cost
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C
C. Less than average cost, less than average cost
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D
D. Greater than average cost, less than average cost
Correct Answer:
B. B. Less than average cost, greater than average cost
