Last spring, Coil Spring Co. reported that average fixed cos

Last spring, Coil Spring Co. reported that average fixed costs had increased, but average variabl… Show more Last spring, Coil Spring Co. reported that average fixed costs had increased, but average variable costs were unchanged. This indicates that (Points : 1) marginal costs are less than average variable cost but greater than average cost. fixed costs have increased. output is declining. marginal costs have increased. • Show less

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