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chomtong chomtong
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7 years ago
Average fixed costs
A) fall as output rises.
B) provide a per unit measure of costs.
C) are the costs associated with producing an additional unit of output.
D) reach their minimum at the output level where the average fixed cost curve is intersected by the marginal cost curve.
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Akshtsaklani21Akshtsaklani21
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7 years ago
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chomtong Author
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Helped a lot
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Smart ... Thanks!
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