find the expression for the variable cost fixed cost average cost average variable cost and average fixed cost
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ATC = TC/Q Page 3 Since we already know that TC has two components, fixed cost and variable cost, that means ATC has two components as well: average fixed cost (AFC) and average variable cost (AVC). The AFC is the fixed cost per unit of output, and AVC is the variable cost per unit of output.
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sorry but I actually don't know:(((((((
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I'm sorryyyyyyyy:((((((((
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