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What are the appropriate labels for Curves N and M in the nearby graph? Multiple choice question. Curve N is total variable cost and Curve

What are the appropriate labels for Curves N and M in the nearby graph? Multiple choice question. Curve N is total variable cost and Curve M is total fixed cost. Curve N is total cost and Curve M is total variable cost. Curve N is total cost and Curve M is total fixed cost. Curve N is total variable cost and Curve M is total cost

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