Figure 71 Shows the U-Shaped Cost Curves for a Producer

question 143

Multiple Choice

Figure 7.1 shows the U-shaped cost curves for a producer. In the figure below, curve B represents _____.​ ​
Figure 7.1
​

• A)marginal cost
• B)average total cost​
• C)average variable cost​
• D)average fixed cost​
• E)average marginal cost​

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