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Economics
MEDIUM
ENGLISH
Economics
When average cost is falling marginal cost is ________ and when average cost is rising marginal cost is?
A
greater than average cost, greater than average cost
Option A
less than average cost, greater than average cost
Correct answer
C
less than average cost, less than average cost
Option C
D
greater than average cost, less than average cost
Option D
Correct answer: B
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