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The average variable cost curve of a particular firm is AVC(y) = 8y. This firm's short-run marginal cost for the 10th unit of output is:
The average variable cost curve of a particular firm is AVC(y) = 8y. This firm's short-run marginal cost for the 10th unit of output is:
$8.
$120.
$800.
$160.
$80.
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