Question: Consider the relationship between marginal cost ( MC ) , average total cost ( ATC ) , and variable cost ( VC ) . If

Consider the relationship between marginal cost (MC), average total cost (ATC), and variable cost (VC). If MC is $10 and ATC is $12, then we know that
average variable cost must be falling.
marginal cost must be falling.
average total cost must be falling.
average total cost must be rising.
Consider the relationship between marginal cost (

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