13 When average total cost is at is minimum A erage variable cost a decreasing baverage total cost is equal to average variable cost. e marginal cost is equal to average fied cost d. marginal cost i equal to average total cost
13 When average total cost is at is minimum A erage variable cost a decreasing baverage total cost is equal to average variable cost. e marginal cost is equal to average fied cost d. marginal cost i equal to average total cost
Chapter1: Making Economics Decisions
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![13. When average total cost is at its minimum
A verage variable cost is decreasing
b average total cost is equal to average variable cost.
e marginal cost is equal to average fixed cost.
d marginal cost is equal to average total cost.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Ff1951264-d157-4198-bdd9-a0221b2d088c%2Fa6619887-3e83-4232-8b9c-5754d59c422b%2Fug9h99_processed.jpeg&w=3840&q=75)
Transcribed Image Text:13. When average total cost is at its minimum
A verage variable cost is decreasing
b average total cost is equal to average variable cost.
e marginal cost is equal to average fixed cost.
d marginal cost is equal to average total cost.
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