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A perfectly competitive firm's average variable cost (AVC) is .O5, average fixed cost (AFC) is 1, and total variable cost (TVC) is 22,000. What
A perfectly competitive firm's average variable cost (AVC) is .O5, average fixed cost (AFC) is 1, and total variable cost (TVC) is 22,000. What is this firm's total cost (TC)?
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Managerial Economics Foundations of Business Analysis and Strategy
Authors: Christopher Thomas, S. Charles Maurice
11th edition
978-0078021718
