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Exhibit 8-4 -Which Curve Passes Through the Minimum Point of the Average

Question 18

Multiple Choice

Exhibit 8-4 Exhibit 8-4 -Which curve passes through the minimum point of the average total cost curve? A) The fixed cost curve B) The average variable cost curve C) The long-run average total cost curve D) The marginal cost curve E) The demand curve
-Which curve passes through the minimum point of the average total cost curve?


A) The fixed cost curve
B) The average variable cost curve
C) The long-run average total cost curve
D) The marginal cost curve
E) The demand curve

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