question archive The minimum average cost of producing alternate levels of output, allowing for optimal selection of all variables of production is defined by the:  long-run average total cost curve

The minimum average cost of producing alternate levels of output, allowing for optimal selection of all variables of production is defined by the:  long-run average total cost curve

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The minimum average cost of producing alternate levels of output, allowing for optimal selection of all variables of production is defined by the: 

long-run average total cost curve. 

short-run average fixed cost curve. 

short-run marginal cost curve

long-run marginal cost curve.

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