Paragraph QUESTION 10 Average Cost Styles Answer Question 10 and 11 using the diagram below. The diagram shows the daily
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Paragraph QUESTION 10 Average Cost Styles Answer Question 10 and 11 using the diagram below. The diagram shows the daily
QUESTION 10 Average Cost Styles Answer Question 10 and 11 using the diagram below. The diagram shows the daily average cost curve for a DVD producer. Costs (X) Output Explain what happens to total cost at output levels greater than Z. A. Total cost decreases at an increasing rate B.Total costs continue to rise but more steeply C.MC<AC, therefore AC rises D.MC<AC, therefore TC increases at a faster rate (Ctrl)- (4 Marks) Focus BO
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