A for given factor prices when average product per worker


Fill in the blanks:

A) For given factor? prices, when average product per worker is at a? maximum, average variable cost is ______

B) If marginal costs are above average? costs, then producing one more unit of output will _____ the average cost.

C) The level of output that corresponds to a? firm's minimum? short-run average total cost is called the ______ of the firm.

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Business Economics: A for given factor prices when average product per worker
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