Order the answer to: Why is a firm’s short-run average total cost curve typically U-shaped? (Select all that apply.)

Academic Help economy Order the answer to: Why is a firm’s short-run average total cost curve typically U-shaped? (Select all that apply.)

economy

Order the answer to: Why is a firm’s short-run average total cost curve typically U-shaped? (Select all that apply.)

Question Why is a firm's short-run average total cost curve typically U-shaped? (Select all that apply.) A. The U-shape signifies the relationship between marginal cost and average cost. B. The U-shape signifies the relationship between fixed cost and average cost. C. When marginal cost is above average total cost, the average increases. D. When fixed cost is below average total cost, the average decreases.
Subject economy
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