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zmudasam zmudasam
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Posts: 473
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4 years ago



In Figure 8.4, the difference between total costs and variable cost is:

▸ fixed cost.

▸ average total cost.

▸ total costs are positive when output is zero implying fixed costs.

▸ all of the above.
Textbook 
Survey of Economics: Principles, Applications and Tools

Survey of Economics: Principles, Applications and Tools


Edition: 6th
Authors:
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WooWoo
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4 years ago
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zmudasam Author
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4 years ago
This calls for a celebration Person Raising Both Hands in Celebration
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