In the diagram below, the curve which represents firm’s short-run average variable cost is curve? by Sunday | Aug 3 | Economics WAEC | 0 comments A. l B. ll C. lll D. IV Correct Answer: Option C – lll Users Also Read These:In perfect competition, the marginal cost curve…Given that the total fixed cost is N1,000, total…If the average fixed cost (AFC) of producing 5 bags…If the fixed cost of a firm is 800.00 Naira and it's…If a firm's price is less than average cost but more…