An increase in the wage rate ______. A. Shifts the average total cost curve and the marginal
Question:
An increase in the wage rate ______.
A. Shifts the average total cost curve and the marginal cost curve upward
B. Shifts the average fixed cost and average variable cost curve upward
C. Increases average variable cost but does not change marginal cost
D. Does not change average variable cost but increases average total cost
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