The Vertical Distance Between A Firm's Atc And Avc Curves Represents

Rabu, 07 September 2022

The Vertical Distance Between A Firm's Atc And Avc Curves Represents

REGGINA S September 07, 2022 Comment

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This problem has been solved! See the answer see the answer done loading. The vertical distance between a firm's atc and avc curves represents: Afc, which increases as output increases.

The vertical distance between a firm’s atc and avc curves represents: Show more the vertical distance between a firm’s atc and avc curves represents: Answer afc, which increases as output increases. Afc, which decreases as output increases. Marginal costs, which decrease as output The vertical distance between a firm's atc and avc curves grows smaller as output increases. The difference between the accountant's and the economist's measurement of cost equals implicit costs. There are still some fixed costs in the long run, such as rent. The vertical distance between a firm's atc and avc curves represents: