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Average total costs is equal to which of the following? a) the sum average variable costs, average fixed costs, and marginal costs. b) the product

Average total costs is equal to which of the following?

a) the sum average variable costs, average fixed costs, and marginal costs.

b) the product of average variable costs and quantity produced.

c) Total variable costs divided by total marginal costs

d) The sum of average costs and average fixed costs

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