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Draw 3 cost curve graph show these 3 things The average fixed cost curve will never intersect with either the horizontal or vertical axis. There

Draw 3 cost curve graph show these 3 things

  1. The average fixed cost curve will never intersect with either the horizontal or vertical axis.
  2. There must be proper positioning of the Average Total Cost curve and Average Variable Cost curve.
  3. The Average Total Cost curve and Average Variable Cost curve must not touch (in between is average fixed costs - which can never be zero).

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