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Draw and describe graph for diminishing marginal product of labor Describe and graph ATC, AFC, and AVC Draw a graph with ATC, AVC, and MC

  1. Draw and describe graph for diminishing marginal product of labor
  2. Describe and graph ATC, AFC, and AVC
  3. Draw a graph with ATC, AVC, and MC
  4. What is the short run in economics
  5. Describe the relationship between marginal cost and ATC
  6. Draw and describe the long run ATC for a firm

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