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Refer to Figure 21

Question 53

Multiple Choice

Refer to Figure 21.3.The vertical difference between the total cost curve and the total fixed cost curve represents A) Total variable costs. B) Total marginal costs. C) Average fixed costs. Refer to Figure 21.3.The vertical difference between the total cost curve and the total fixed cost curve represents


A) Total variable costs.
B) Total marginal costs.
C) Average fixed costs.

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