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AP Microeconomics
Unit 3 – Production, Cost, and the Perfect Competition Model
Topic 3.2
Unit 3 – Production, Cost, and the Perfect Competition Model
3.2 Short-Run Production Costs
mixed difficulty
What does the marginal cost (MC) curve represent?
Additional cost of producing one more unit
Fixed costs
Average total cost
Variable costs
Study guides (1)
AP Microeconomics - 3.2 Short-Run Production Costs
Key terms
Marginal Cost (MC)
Guides
Glossary
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