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Which of the Following Is Not Correct

Question 32

Multiple Choice

Which of the following is not correct?


A) If Average Variable Cost (AVC) are decreasing,Average Total Cost (ATC) must be decreasing.
B) AVC reaches minimum before ATC.
C) If ATC is increasing,AVC must be increasing.
D) If AVC is increasing,Marginal Cost (MC) is increasing.
E) If Average Fixed Cost (AFC) is decreasing,ATC must be decreasing.

Correct Answer:

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