Question: In Table, when output rises from 90 to 130 units, marginal cost is $3.00. For this change in output, marginal cost is greater than the

In Table, when output rises from 90 to 130 units, marginal cost is $3.00. For this change in output, marginal cost is greater than the previous AVC ($2.67) but less than the previous ATC ($4.33). According to the relationship between marginal€™s and averages you learned in this chapter:
a. What should happen to AVC due to this change in output? Does it happen?
b. What should happen to ATC due to this change in output? Does ithappen?

Percentage of White Male Income Median Income White Males Black Males Hispanic Males White Females Black Females Hispanic Females $855 $595 $577 $666 $559 $510 100% 70% 67% 78% 5% 60%

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