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Economics Homework Twelve Answers - Student Five (view source)

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please also see

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:Superb, may use as the model answer!

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:Please also see: http://ingrimayne.com/econ/AllocatingRationing/MeasuringIncomeDist.html (Note the shape of the actual income distribution is different from the erroneous step function I described in Lecture 12. Sorry!)

6. Average Fixed Cost is the total fixed cost divided by quantity of units produced

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