-Refer to the graph above.The line segment that represents average variable cost of output level Q* is

Name: -Refer to the graph above.The line segment that represents average variable cost of output level Q* is
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Question

Quizplus · Accepted Answer

The average variable cost at output level Q* is represented by the vertical distance from the origin to the point on the average variable cost curve directly above Q*, which is Q*F.

-Refer to the Graph Above