Question: Average fixed costsO a . reach their minimum at the output level where the average fixed cost curve is intersected by the marginal cost curveO

Average fixed costsO a. reach their minimum at the output level where the average fixed cost curve is intersected by the marginal cost curveO b. fall as output risesO c. provide a per unit measure of costsO d. are the costs associated with producing anadditional unit of output

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