Total variable cost divided by output is average variable cost.
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Q227: Average total cost is minimized at a
Q228: If marginal cost is increasing, then average
Q229: Related to the Economics in Practice on
Q230: The increase in total cost that results
Q231: At an output level of zero, total
Q233: Average variable costs fall continuously as quantity
Q234: The best combination of inputs at one
Q235: The marginal cost curve intersects the average
Q236: At a particular level of output, the
Q237: Average fixed costs rise continuously as quantity
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