If the marginal cost of the 100th unit is $3.25, the total cost of producing 100 units is $825, and the fixed cost is $500,
A. average variable cost is higher than marginal cost.
B. marginal cost is falling.
C. average variable cost is at its minimum.
D. average total cost is increasing.
Answer: C
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A) dividends. B) coupons. C) stocks. D) bonds.
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A) software. B) films. C) books. D) shares of stock.
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A) primary-export-led B) import-substitution development C) outward-looking development D) linkage-effect
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