Q.

For manufacturing firm

A. average costs will rise as output reaches a certain level - then they will begin to fall
B. total costs will rise as output reaches a certain level - then they will begin to fall
C. marginal costs will rise as output reaches certain level - then they will begin to fall
D. average costs will fall as output reaches a certain level - then they will begin to rise
E. None of the above
Answer» D. average costs will fall as output reaches a certain level - then they will begin to rise
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