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needed the answer for this question into to econ Suppose that I express the total cost of production as a function of output in the

needed the answer for this question into to econ

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Suppose that I express the total cost of production as a function of output in the graph below. Total cost output How would you describe the shape of the total cost function and its slope? Discuss intuitively in no more than 40 words. Extra credit (2 points): How can we justify such a shape of the total cost function

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