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Question 69

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Use the following to answer questions below: -Refer to the graph of the short-run total cost and total variable cost curves. At what level of output is marginal cost equal to average variable cost? A) 9.5 B) 10 C) 11 D) None of the above is correct.
-Refer to the graph of the short-run total cost and total variable cost curves. At what level of output is marginal cost equal to average variable cost?


A) 9.5
B) 10
C) 11
D) None of the above is correct.

Correct Answer:

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