Question: Please advise, need your help, thanks! Note that this question may have multiple correct answers. Select all that apply. For a firm producing some positive

Please advise, need your help, thanks!

Please advise, need your help, thanks! Note that this question may have

Note that this question may have multiple correct answers. Select all that apply. For a firm producing some positive amount of output in the short run, which of the following statements must be true. Average variable cost cannot decline with output, at any level of output Average fixed cost must decrease with output Average total cost will always exceed average variable cost Average variable cost cannot be constant

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