Question: Multiple Choice Pick an answer no explanation If a firm's average total cost is increasing, then Group of answer choices marginal cost must be lower

Multiple Choice

Pick an answer no explanation

If a firm's average total cost is increasing, then

Group of answer choices

  • marginal cost must be lower than average total cost

  • marginal cost must be higher than average total cost

  • marginal cost must be lower than total cost

  • marginal cost must be higher than total cost

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