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    Economics Today Study Set 1
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    Exam 22: The Firm: Cost and Output Determination
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    Average Variable Costs Equal
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Average Variable Costs Equal

Question 21

Question 21

Multiple Choice

Average variable costs equal


A) total variable costs divided by marginal costs.
B) total variable costs divided by output.
C) the change in marginal costs from producing another unit of output.
D) output divided by the change in total costs.

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