Examlex
Which of the following will not shift the demand curve for a good?
Average Variable Cost
The total variable costs divided by the quantity of output produced; it varies with the level of output.
Long-Run Average Total Cost Curve
A graphical representation showing the relationship between output and average total cost when fixed cost has been chosen to minimize average total cost for each level of output.
Minimum
The lowest allowable or possible amount, level, or point.
Marginal Cost
The amount needed to generate one more unit of a good or service.
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