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Consider the graph for Mickey's Fish Stand. From the graph, it is shown that at a quantity of 20, the ATC is 40.5, and the
Consider the graph for Mickey's Fish Stand. From the graph, it is shown that at a quantity of 20, the ATC is 40.5, and the AVC is 31.5. Given this information, what is the total fixed costs (FC) for this firm? Do not include the dollar sign ($) in your
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