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AFC Curve
The Average Fixed Cost curve, which represents the fixed costs of production divided by the quantity of output produced, typically demonstrating a downward slope as output increases.
ATC Curve
In economics, the Average Total Cost curve is a graphical representation that shows the per-unit cost of production (total cost divided by the quantity produced) at different levels of output.
ATC Curve
The ATC Curve, or Average Total Cost curve, represents the average cost per unit of output, calculated by dividing total cost by the quantity of output produced.
AVC Curve
Short for average variable cost curve, it represents the variable cost per unit of output.
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