Question: 32. How does fixed cost affect marginal cost? Why is this relationship important? 33. Average cost curves (except for average fixed cost) tend to be

32. How does fixed cost affect marginal cost? Why is this relationship important? 33. Average cost curves (except for average fixed cost) tend to be U-shaped, decreasing and then acne increasing. Marginal cost curves have the same shape, though this may be harder to see since most of gull the marginal cost curve is increasing. Why do you think that average and marginal cost curves have the same general shape

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