) Complete correlation : (04)
(1) _______ : single variable :: composite index : group of variables.
(2) Product heterogeneity : monopoly :: ______ : perfect competition.
(3) Total cost : TFC + TVC :: average cost :____.
(4) Horizontal curve : perfectly elastic demand :: steeper curve : ______.
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Answer:
1. Univariate index .
2. Makes .
3. TC/TQ .
Explanation:
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