The Santa Clara County increases the property taxes for all fast food restaurants. Which cost curves will be affected as a result of this policy? 1. average total cost and average fixed cost. 2. average variable cost and average total cost. 3. average variable cost and marginal cost. 4. average variable cost and average fixed cost.

Essentials of Economics (MindTap Course List)
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ISBN:9781337091992
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Chapter12: The Cost Of Production
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The Santa Clara County increases the property taxes for all fast food restaurants. Which cost curves will be affected as a result of this policy?


1. average total cost and average fixed cost.
2. average variable cost and average total cost.
3. average variable cost and marginal cost.
4. average variable cost and average fixed cost.
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