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Difference of average revenue and average total cost equals

Q: Answer-Difference of average revenue and average total cost equals

Average Revenue AR is the revenue per unit sold essentially the price. Average Total Cost ATC is the cost per unit. Therefore, AR - ATC represents the profit or loss per unit of output. This is the economic profit per unit.

A total economic profit.

B total accounting profit.

C a normal profit.

D economic profit per unit of output.

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Difference of average revenue and average total cost equals

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