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    Principles of Economics Study Set 8
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    Exam 13: The Costs of Production
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    If the Average-Total-Cost of Producing Five Units Is $10, and the Marginal-Cost
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If the Average-Total-Cost of Producing Five Units Is $10, and the Marginal-Cost

Question 192

Question 192

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If the average-total-cost of producing five units is $10, and the marginal-cost of producing the fifth unit is $10, then the average-total-cost curve is at its minimum at five units.​

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