Question: 2 Question 3 (1 point) If marginal cost ( MC ) is $10 and average variable cost ( AVC ) is $12, then AVC Question

2

Question 3 (1 point)

If marginal cost (MC) is $10 and average variable cost (AVC) is $12, then AVC

Question 3 options:

a)

 is at a maximum.

b)

 is increasing.

c)

 is decreasing.

d)

 is at a minimum.

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