If marginal cost exceeds average variable cost but is less than average total cost, then as output increases average total cost ________ and average variable cost ________.

Other questions in category

• According to the neoclassical view, an increase in the cpi leads to __________, ceteris paribus...
• The fact that a partnership, as a business, pays no corporate income tax, and that it is easily and ...
• True or false: in situations where an annual budget deficit exists, cutting expenses from the budget...
• Match the following government organizations with their healthcare and/or health information technol...
• What are the advantages of picking fruits safely from the tree...
• The framers of the constitution wanted ________ to choose the president and vice president....
• a blank role is behavior that concentrates on getting the team's work done for example one team memb...
• Coupon Rates [ LO2] Nikita Enterprises has bonds on the market making annual payments, with eight ye...
• 4.IExpress algebraically; 12% commission on the profit when
• which statement accurately depicts how volatile exchange rates affect the international capital mark...