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(d) AFC is part of average variable costs
 
(d) AFC is part of average variable costs
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Briefly explain your answer.'''
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Briefly explain your answer.''''''
    
(a) - in the short run there are a lot of fixed costs, not so many in the long run.
 
(a) - in the short run there are a lot of fixed costs, not so many in the long run.
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