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Homework answers / question archive / Briefly explain the following: 52

Briefly explain the following: 52

Economics

Briefly explain the following: 52.00 250 M 150 AC 100 ARC 10 12 Qurity of our (a) Why does the AFC curve have that shape? (b) Why does the ATC curve decrease and then increase? (e) How is the MC curve related to TC curve? (2+2+1)

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