Question: 11) Marginal coat is equal to both average variable cost and average total cost and average variable cost are average total cost when decreasing. average

11) Marginal coat is equal to both average variable cost and average total cost and average variable cost are average total cost when decreasing. average variable cost and average total cost are at their minimums. MC ' the marginal product of labor is increasing. total xed costs are large relative to variable costs. ATC AVC

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