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AP Microeconomics
Unit 3 – Production, Cost, and the Perfect Competition Model
Topic 3.2
Which cost curves shift when there is a change in variable costs?
Marginal cost (MC) and total cost (TC)
Average variable cost (AVC) and average total cost (ATC)
Total cost (TC) and average fixed cost (AFC)
Average fixed cost (AFC) and marginal cost (MC)
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AP Microeconomics - 3.2 Short-Run Production Costs
Key terms
Variable Costs
Cost curves
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About Us
About Fiveable
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Careers
Testimonials
Code of Conduct
Terms of Use
Privacy Policy
CCPA Privacy Policy
Resources
Cram Mode
AP Score Calculators
Study Guides
Practice Quizzes
Glossary
Crisis Text Line
Request a Feature
Report an Issue
© 2024 Fiveable Inc. All rights reserved.
AP® and SAT® are trademarks registered by the College Board, which is not affiliated with, and does not endorse this website.
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