MCQOPTIONS
Saved Bookmarks
| 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) | |