Figure 7.1 -Refer to Figure 7.1. At output level Q₂ A) average fixed cost is increasing. B) average variable cost equals average fixed cost. C) marginal cost is negative. D) average total cost is negative. E) none of the above

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The Answer of Figure 7.1 -Refer to Figure 7.1. At output level Q₂ A) average fixed cost is increasing. B) average variable cost equals average fixed cost. C) marginal cost is negative. D) average total cost is negative. E) none of the above

Figure 7.1 -Refer to Figure 7.1. at Output Level Q2

Figure 7.1 -Refer to Figure 7.1. at Output Level Q₂