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Economics (AS & A Level) · Oct / Nov 2025 · Paper 33 · Question 4

9708Types of cost, revenue and profit, short-run and long-run production

The diagram shows the average total cost for a firm. At what level of output does marginal cost exceed average total cost?

  1. AA
  2. BB
  3. CC
  4. DD

As printed in the paper

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Correct answer: D. D

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