To the right is the average total cost curve for a competitive firm. What is the relationship between the average total cost curve (ATC) and
To the right is the average total cost curve for a competitive firm. What is the relationship between the average total cost curve (ATC) and the marginal cost curve (MC)? 1.) Using the 3-point curve drawing tool, draw the marginal cost curve for this firm in a competitive market. Label your curve 'MC'. Carefully follow the instructions above and only draw the required object. Quantity Average Total Cost
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