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The average total cost curve for a perfectly competitive firm. Suppose that average variable cost is $8 at 40 units of output. At that level

The average total cost curve for a perfectly competitive firm. Suppose that average variable cost is $8 at 40 units of output. At that level of output, total fixed cost: A graphThe graph shows the average total cost curve for a perfectly competitive firm. Multiple Choice is $2. is $40. is $80. cannot be determined from the information provided

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