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Olimpiade Sains Nasional (OSN) 2007 - Ekonomi , Nomor 32

32

The relationship between the marginal cost (MC) and the average cost (AC) schedule is such that . . . .

a. the behavior of one schedule does not effect the other

b. if AC exceeds MC, MC must be declining

c. if AC exceeds MC, MC must be rising

d. if MC is declining, AC may be either declining or rising

e. if MC is less than AC, AC must be declining