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Short run total cost curve: begins at the point where the firm's total fixed cost is decreases initially before rising after a minimum point is
Short run total cost curve: begins at the point where the firm's total fixed cost is decreases initially before rising after a minimum point is reached begins at a point above zero where the firm's TVC is begins at the point of zero or origin decreases as output expands
Short run total cost curve:
begins at the point where the firm's total fixed cost is
decreases initially before rising after a minimum point is reached
begins at a point above zero where the firm's TVC is
begins at the point of zero or origin
decreases as output expands
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