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Use the letters to identify the following cost curves (assuming the cost structure of a typical competitive firm). *Write your answers on a blank

Use the letters to identify the following cost curves (assuming the cost structure of a typical competitive a. Average fixed cost b. Marginal cost c. Average variable cost d. Average total cost

Use the letters to identify the following cost curves (assuming the cost structure of a typical competitive firm). *Write your answers on a blank piece of paper or the graphing sheet.** W Cost X Y .Z Output a. Average fixed cost b. Marginal cost c. Average variable cost d. Average total cost

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