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Kaplan BU224 week 7 discussion

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Question;Suppose a business experiences a sudden increase in its fixed costs. For example, suppose property taxes increase dramatically. What impact, if any, will this have on the following:the firm's AFC (average fixed cost),the firm?s AVC (average variable cost),the firm?s ATC (average total cost), and,the firm?s MC (marginal cost)?What changes, if any, is there likely to be in these same cost CURVES?

 

Paper#52556 | Written in 18-Jul-2015

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