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Target Exam

CUET

Subject

Economics

Chapter

Micro Economics: Production and Costs

Question:

Study the following image and answer the question.

The slope of the angle ∠EOqo gives us the ___________at qo.

Options:

average variable cost

total variable cost

short term average cost

none of the above

Correct Answer:

average variable cost

Explanation:

The correct answer is option 1: average variable cost