Which of the following is always true? a. When marginal cost is less than average total cost,

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Which of the following is always true?

a. When marginal cost is less than average total cost, average total cost is increasing.

b. When average fixed cost is falling, marginal cost must be less than average fixed cost.

c. When average variable cost is falling, marginal cost must be greater than average variable cost.

d. When marginal cost is greater than average total cost, average total cost is increasing.

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