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7.2 The structure of costs in the short run  (Page 23/23)

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  • Card 23 / 23:
    variable cost

    cost of production that increases with the quantity produced

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Practice FlashCards 11 Key Terms 7

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Source:  OpenStax, Principles of economics. OpenStax CNX. Sep 19, 2014 Download for free at http://legacy.cnx.org/content/col11613/1.11
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