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Refer to the Graph

Question 339

Multiple Choice

Refer to the graph. A decrease in fixed costs is shown by A) a move along short-run average total cost curve ATC₂ from point e to point f. B) a move along short-run average total cost curve ATC₁ from point a to point b. C) the shift of the short-run average total cost curve from ATC₁ to ATC₂. D) the shift of the short-run average total cost curve from ATC₂ to ATC₁. Refer to the graph. A decrease in fixed costs is shown by


A) a move along short-run average total cost curve ATC₂ from point e to point f.
B) a move along short-run average total cost curve ATC₁ from point a to point b.
C) the shift of the short-run average total cost curve from ATC₁ to ATC₂.
D) the shift of the short-run average total cost curve from ATC₂ to ATC₁.

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