When the ATC curve is falling, MC is ATC. less than greater than equal to

Microeconomics
13th Edition
ISBN:9781337617406
Author:Roger A. Arnold
Publisher:Roger A. Arnold
Chapter8: Production And Costs
Section: Chapter Questions
Problem 7WNG
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When the ATC curve is falling, MC is
ATC.
less than
greater than
equal to
Transcribed Image Text:When the ATC curve is falling, MC is ATC. less than greater than equal to
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