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The Figure Given Below Shows the Revenue and Cost Curves

Question 78

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The figure given below shows the revenue and cost curves of a perfectly competitive firm.Figure 10.1
The figure given below shows the revenue and cost curves of a perfectly competitive firm.Figure 10.1    -In Figure 10.1, average fixed cost, at the profit-maximizing level of output, is equal to ______. A) UH B) UG C) GH D) UN E) HN
-In Figure 10.1, average fixed cost, at the profit-maximizing level of output, is equal to ______.


A) UH
B) UG
C) GH
D) UN
E) HN

Correct Answer:

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