Question: Total Cost = TVC + TFC; Average Total Cost = TC/Q ; ATC = AVC + AFC ; AVC = TVC/Q ; AFC = TFC/Q

Total Cost = TVC + TFC; Average Total Cost = TC/Q ; ATC = AVC + AFC ; AVC = TVC/Q ; AFC = TFC/Q ; Total Revenue = (P)(Q) ; Total Profit = TR - TC ; Marginal Revenue = TR / 0Q ; Average Revenue = TR/Q ; Average Profit = TP/Q ; Total Variable Cost = (AVC) (Q); TC = (ATC) (Q) Quantity W 5 CO 9 10 TFC 20 20 11 11 11 11 11 11 1 MC 2 4 6 8 10 12 14 16 18 20 TVC TC ATC AVC AFC TR (@P12) TP MR AR AP

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