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    Economic Principles
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    Exam 11: The Cost of Doing Business
  5. Question
    The Vertical Distance Between the Average Total Cost Curve and the Average
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The Vertical Distance Between the Average Total Cost Curve and the Average

Question 97

Question 97

Multiple Choice

The vertical distance between the average total cost curve and the average variable cost curve is _____ cost.


A) fixed
B) average fixed
C) marginal
D) average marginal

Correct Answer:

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