1.

Which two of the following statements are correct?a) In the short - run, Δ TFC = 0, therefore Δ TC = Δ TVCb) If decrease in AFC < increase in AVC, then AC decreasesc) If decrease in AFC = increase in AVC, AC remains constantd) If decreases in AFC > increase in AVC, then AC increasesChoose the correct answer from the options given below

A. and c)
B. and c)
C. and d)
D. and d)
Answer» B. and c)


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