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-Refer to the Graph Above

Question 112

Multiple Choice

-Refer to the graph above.The gap between point J and K represents A) the total fixed cost of approximately $5.00. B) the average fixed cost of approximately $5.00. C) the average total cost of approximately $5.00. D) the average variable cost of approximately $5.00. E) the marginal cost of 2 units of output.
-Refer to the graph above.The gap between point J and K represents


A) the total fixed cost of approximately $5.00.
B) the average fixed cost of approximately $5.00.
C) the average total cost of approximately $5.00.
D) the average variable cost of approximately $5.00.
E) the marginal cost of 2 units of output.

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