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Exhibit 8-5 -Refer to Exhibit 8-5. at an Output Level of K

question 113

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Exhibit 8-5 Exhibit 8-5   -Refer to Exhibit 8-5. At an output level of K, A) TC is area AEHF. B) ATC exceeds MC by amount $G -$F. C) AFC is amount $D-   $I. D) ATC and AVC are both falling because MC is less than both. E) AVC exceeds MC by amount $H- $F.
-Refer to Exhibit 8-5. At an output level of K,


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