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    Microeconomics Study Set 40
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    Exam 11: Behind the Supply Curve: Inputs and Costs
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    Average Total Cost Is
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Average Total Cost Is

Question 277

Question 277

Multiple Choice

Average total cost is:


A) the change in cost divided by the change in output.
B) total cost divided by output.
C) the change in output divided by the change in
D) costs.total cost times output.

Correct Answer:

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