If a firm with total revenue of $2 million continues to operate in the short run,we may conclude that its variable costs are _________.
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Q171: Variable costs vary with _.
Q172: A firm will operate in the short
Q173: Average total cost is found by dividing
Q174: Specialization and quantity discounts are examples of
Q175: If the marginal cost curve is below
Q177: Total cost may be divided into _
Q178: A firm that has declining marginal output
Q179: As output rises,the difference between AVC and
Q180: In the short run a firm will
Q181: As output rises,AFC gets _.
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