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-Refer to Figure 7-5

Question 180

Multiple Choice

-Refer to Figure 7-5. Identify the curves in the diagram. A) E = average fixed cost curve; F = variable cost curve; G = total cost curve, H = marginal cost curve B) E = marginal cost curve; F = total cost curve; G = variable cost curve, H = average fixed cost curve C) E = average fixed cost curve; F = average total cost curve; G = average variable cost curve, D) E = marginal cost curve; F = average total cost curve; G = average variable cost curve;
-Refer to Figure 7-5. Identify the curves in the diagram.


A) E = average fixed cost curve; F = variable cost curve; G = total cost curve, H = marginal cost curve
B) E = marginal cost curve; F = total cost curve; G = variable cost curve, H = average fixed cost curve
C) E = average fixed cost curve; F = average total cost curve; G = average variable cost curve, -Refer to Figure 7-5. Identify the curves in the diagram. A) E = average fixed cost curve; F = variable cost curve; G = total cost curve, H = marginal cost curve B) E = marginal cost curve; F = total cost curve; G = variable cost curve, H = average fixed cost curve C) E = average fixed cost curve; F = average total cost curve; G = average variable cost curve, D) E = marginal cost curve; F = average total cost curve; G = average variable cost curve;
D) E = marginal cost curve; F = average total cost curve; G = average variable cost curve; -Refer to Figure 7-5. Identify the curves in the diagram. A) E = average fixed cost curve; F = variable cost curve; G = total cost curve, H = marginal cost curve B) E = marginal cost curve; F = total cost curve; G = variable cost curve, H = average fixed cost curve C) E = average fixed cost curve; F = average total cost curve; G = average variable cost curve, D) E = marginal cost curve; F = average total cost curve; G = average variable cost curve;

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