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Microeconomics and mathematics (with answers) 5Cost, revenue and profitRemarks: Q QuantityCosts TC Total cost (AC * Q) TC AC Average cost () Q MC Marginal cost (TC) FC Fixed cost VC (Total) variable
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Microeconomics and mathematics work together to analyze the behavior of individuals and firms in making decisions regarding the allocation of limited resources.
Individuals or businesses that are involved in economic activities or research may be required to file microeconomics and mathematics reports.
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