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asjstr asjstr
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5 years ago Edited: 5 years ago, bio_man
Figure 12-8




Refer to Figure 12-8. Suppose the firm produces 4,000 units. What does the shaded area labeled B represent?

• the firm's economic loss

• total variable cost

• average variable cost

• total fixed cost
Textbook 
Microeconomics

Microeconomics


Edition: 7th
Authors:
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austireaustire
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