The relationship between the marginal cost curve and the average cost curve is that when

Chapter 0, Problem 12

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The relationship between the marginal cost curve and the average cost curve is that when marginal cost is a. rising, average cost must be rising. b. falling, average cost must be falling. c. above average cost, average cost must be rising. d. below average cost, average cost must be rising. e. above average cost, average cost must be falling.

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