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Question Practice

What happens to average variable cost (AVC) as output increases initially?

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MCQ_SA
CBSE
Class 12
Economics
Introductory Microeconomics
Production And Costs
Question Bank

What happens to average variab...

Single Answer MCQ
Q-00089490

What happens to average variable cost (AVC) as output increases initially?

1

AVC usually increases

2

AVC usually decreases

3

AVC remains constant

4

AVC fluctuates randomly

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