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Draw Cost curves

First graph - draw the total cost curves (FC, VC, and TC) in ONE diagram. You also need to label all the axes correctly and place the legend at the bottom of your diagram.

Second graph-draw the average cost curves (AFC, AVC, and ATC) plus the marginal cost (MC) in ONE diagram. Label all the axes correctly and place the legend at the bottom of your diagram.

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Solution Summary

Total cost curves (FC, VC, and TC), Average cost curves (AFC, AVC, and ATC) plus the Marginal cost curve (MC) drawn.

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