Home » Economics » The shape of the average cost (AC) shows that as production increasesThe shape of the average cost (AC) shows that as production increases The shape of the average cost (AC) shows that as production increases A. total cost decreases B. average cost decreases and then increases C. average cost increaeses D. marginal cost steadily increase E. total cost remains constant Correct Answer: Option B Explanation Related Posts public expenditure can be financed from all the following sources except the The price system is In a textile factory, the cost of cotton used is a typical example of A limited liability company is owned by the The monopolist power can be controlled by the government through Credit creation by banks is limited by
