Which statement is false? a) AFC plus AVC equals ATC. b) Marginal cost equals AVC at an
Question:
Which statement is false?
a) AFC plus AVC equals ATC.
b) Marginal cost equals AVC at an output of one.
c) AVC equals ATC at an output of one.
d) None of the above.
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Out of the given statements the following one is false b Marginal cost equals AVC at an output of on...View the full answer
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