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3.1 3.2 3.2.1 3.2.2 3.3 Cost per unit (3 0 l0,000 20,000 30,000 Units of output Label the curve. (2) Explain the economic concept that

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3.1 3.2 3.2.1 3.2.2 3.3 Cost per unit (3\" 0 l0,000 20,000 30,000 Units of output Label the curve. (2) Explain the economic concept that applies to the curve at the following quantities of output: 10 000 units (5) 30 000 units (5) Differentiate between accounting costs and economic costs. Use examples to motivate your answer. (8)

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