Average total cost will ( increase, decrease or not
Average Total Cost Will Increase Decrease Or Not Marginal Cost Will Increase Decrease Or Not Change B Lower Wage 1 (23.66 KiB) Viewed 12 times
Marginal cost will (increase, decrease or not
change)
b. lower wage rates
Average total cost will (increase, decrease or not
change)
Marginal cost will (increase, decrease or not
change)
c. lower prices for fish
Average total cost will (increase, decrease or not
change)
Marginal cost will (increase, decrease or not
Average Total Cost Will Increase Decrease Or Not Marginal Cost Will Increase Decrease Or Not Change B Lower Wage 2 (23.66 KiB) Viewed 12 times
5- Use the graph to identify the changes to the cost curves due to Price or Cost (dollars per fish) a. higher feed prices. Average total cost will [Select] Marginal cost will [Select] b. lower wage rates. Output (fish per day) Average total cost will [Select] Marginal cost will [Select] clower prices for fish. Average total cost will [Select] MC Marginal cost will [Select] ATC P = MR
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