What is the relationship between average total cost (ATC) and average variable cost (AVC) as quantity increases? | Fiveable

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What is the relationship between average total cost (ATC) and average variable cost (AVC) as quantity increases?

Study guides (1)

AP Microeconomics - 3.2 Short-Run Production Costs

Key terms

Average Variable Cost (AVC)Average Total Cost (ATC)Quantity

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