Use the following to answer questions :
Figure 7-2 
-In Figure 7-2 what is AVC at Q = 5?
Definitions:
Partnership Capital
The total amount of capital contributed by partners in a partnership, used in the business and subject to changes from profits, losses, and withdrawals.
Capital Balances
Refers to the amount of money that the owners of a company have invested in it.
Goodwill Method
An accounting method used to determine the value of a non-tangible asset acquired when one company buys another.
Profits and Losses
Financial terms representing the positive or negative financial outcomes resulting from a company's operations and activities.
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