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yes, I am a novice but I have a table that has the quantity,tfc, tvc, tc & mc. the first question i do I complete the chart when it gives the tc for o & 1q;mc for 2q and the tvc for 3q?
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what do the acronyms mean?
I am guessing: Total Fixed Cost, Total Variable Cost, Total Cost and Marginal Cost. I do accounting and microeconomics.
total fixed cost,total variable costs, total cost and marginal cost
quantity
You are more likely to get an answer if you put the table up.
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