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Average cost - Jamb Economics Past Questions and Answers

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Jamb Economics Past Questions

Jamb Past Questions and Answers on Average cost

Question 16:


The long-run average cost curve touches to the short-run average cost curves at the

A. Minimum points of all short run average cost curves
B. Declining points of all short-run average cost curves
C. Minimum point of only one of the short-run cost curves
D. Rising points of all short-run average cost curves






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