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How does average fixed cost (AFC) affect the marginal cost (MC) curve in a typical setting? How does average fixed cost (AFC) affect the marginal
How does average fixed cost (AFC) affect the marginal cost (MC) curve in a typical setting? How does average fixed cost (AFC) affect the marginal cost (MC) curve in a typical setting? An increase in AFC pulls up MC. An increase in AFC pulls down MC. MC and AFC can never cross. AFC does not affect MC
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