Use the information in the graph level of 500. a. Total fixed cost b. Total variable cost c. Total cost d. Marginal cost Cost per unit ($) $35 15 10 500 MC کے Units of output ATC AVC

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Short-Run Costs and Long-Run Costs

Cost of short-run and the long-run is an economic term that describes the cost involved in the production of goods in a firm in the short as well as long period.