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Question 52

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Use the following to answer questions:
Figure: Short-Run Costs II Use the following to answer questions: Figure: Short-Run Costs II -(Figure: Short-Run Costs II) Look at the figure Short-Run Costs II. Curve 3 is the _____ cost curve. A) average total B) total C) marginal D) average variable
-(Figure: Short-Run Costs II) Look at the figure Short-Run Costs II. Curve 3 is the _____ cost curve.


A) average total
B) total
C) marginal
D) average variable

Correct Answer:

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