Figure 7.3 shows the short-run cost curves for a producer. In the figure below, lines H, J, and K represent:
Figure 7.3

A) marginal product, average product, and total product, respectively.
B) average fixed cost, average total cost, and average variable cost, respectively.
C) marginal cost, average total cost, and average variable cost, respectively.
D) average total cost, marginal cost, and average variable cost, respectively.
E) marginal cost, average product, average total cost, respectively.
Correct Answer:
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