Movement of a company''s administrative

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Drawing a graph using cost and variable cost.

Indicate the effect that each of the following conditions will have on a company's average variable cost (AVC) and its average cost curve (AC):

1.The movement of a company's administrative offices from New York City to New Jersey where rent costs are lower.

2.The use of two work shifts instead of three in the manufacturing plant.

Reference no: EM1312030

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