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a)If the total variable cost curve faced downward or increased at a decreasing rate from zero output what would be the shape of the average
a)If the total variable cost curve faced downward or increased at a decreasing rate from zero output what would be the shape of the average variable cost, average total cost and marginal cost curves? why?
b)What would be the shape of the average fixed cost curve?
c) What type of production function would have cost curves of the shape indicated in part a?
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