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    Microeconomics Study Set 25
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    Exam 11: Behind the Supply Curve: Inputs and Costs
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    Use the Following to Answer Question
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Use the Following to Answer Question

Question 116

Question 116

Multiple Choice

Use the following to answer question: Use the following to answer question:   -(Figure: Short-Run Costs II) Use Figure: Short-Run Costs II.Curve 1 is the _____ cost curve. A) average total B) average variable C) marginal D) total
-(Figure: Short-Run Costs II) Use Figure: Short-Run Costs II.Curve 1 is the _____ cost curve.


A) average total
B) average variable
C) marginal
D) total

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