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Econ 221 - Intro Microeconomics Exam 2 Part B Spring 2022 Dr. Jennifer J. Smith 8) Draw two sets of graphs. In the first graph

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Econ 221 - Intro Microeconomics Exam 2 Part B Spring 2022 Dr. Jennifer J. Smith 8) Draw two sets of graphs. In the first graph sketch a typical fixed cost curve, variable cost curve, and total cost curve. In the second graph sketch a typical marginal cost curve, an average variable cost curve, an average fixed cost curve and an average total cost curve. Be sure to fully label your graphs. (7 points)

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