Average fixed
a. equals marginal cost when average total cost is at its minimum.
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Business, 25.12.2019 06:31 savannahsims5847
Average fixed
a. equals marginal cost when average total cost is at its minimum.
b. may be found for any output by adding average variable cost and average total cost.
c. graphs as a u-shaped curve.
d. declines continually as output increases.
Answers: 3
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