Use the following to answer question(s): Short-Run Costs

-(Exhibit: Short-Run Costs) Curve B is the _______ cost curve.
A) average total
B) average variable
C) marginal
D) total

Name: Use the following to answer question(s): Short-Run Costs -(Exhibit: Short-Run Costs) Curve B is the _______ cost curve. A) average total B) average variable C) marginal D) total
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Question

Use the following to answer question(s): Short-Run Costs
 
-(Exhibit: Short-Run Costs) Curve B is the _______ cost curve.
A) average total 
B) average variable 
C) marginal 
D) total

Quizplus · Accepted Answer

Curve B is the average total cost curve, which typically shows a U-shape due to economies and diseconomies of scale.

Use the Following to Answer Question(s): Short-Run Costs