(Figure: Understanding Cost Curves 2) Match the curves in the figure (lines A, B, and C) with the correct cost curve name.
A) A = marginal cost; B = average variable cost; C = average total cost
B) A = average variable cost; B = average total cost; C = marginal cost
C) A = marginal cost; B = average fixed cost; C = average total cost
D) A = marginal cost; B = average total cost; C = average fixed cost
Correct Answer:
Verified
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