What is happening to shortrun average variable cost


Problem

1. If average product is falling, what is happening to shortrun average variable cost?

2. If marginal cost is increasing, what do we know about average cost?

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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Microeconomics: What is happening to shortrun average variable cost
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