 # Answer the following: a. If TVC = $80 and AVC = 4, then what does quantity ( Q ) equal? b. If total cost is$40 when Q = 2 and total cost is $45 when Q = 3, then what does marginal cost equal? c. What does average fixed cost equal at Q = 2 if total variable cost is$15 at Q = 2? d. Why does the AFC curve get continually closer to the horizontal axis in Exhibit 6(c) as quantity of output increases? ### Microeconomics

13th Edition
Roger A. Arnold
Publisher: Cengage Learning
ISBN: 9781337617406 ### Microeconomics

13th Edition
Roger A. Arnold
Publisher: Cengage Learning
ISBN: 9781337617406

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Chapter 8, Problem 9WNG
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