Use the figure below to answer the following questions:In the above figure, curves 1, 2, 3, and 4 represent the:

A. MC, ATC, AVC, and AFC curves respectively.
B. MC, AFC, AVC, and ATC curves respectively.
C. ATC, MC, AFC, and AVC curves respectively.
D. ATC, AVC, AFC, and MC curves respectively.


Answer: A

Economics

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