Multiple Choice
The market for sweet potatoes consists of 1,000 identical firms. Each firm has a short-run total cost curve of , and a short-run marginal cost curve of , where is output. Suppose that sunk costs are 75 and nonsunk costs are 25 . What is the equation of an individual firm's average nonsunk cost curve?
A)
B)
C)
D)
Correct Answer:

Verified
Correct Answer:
Verified
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