Total Cost equals to ______.
A) Total cost = total fixed cost + total variable cost
B) Total cost = total fixed cost + total marginal cost
C) Total cost = total variable cost + total marginal cost
D) None of the above
Correct Answer:
Verified
Q5: Which are the factors of production?
A)Land
B)Labor
C)Capital
D)All of
Q6: Which is the stages of law of
Q7: Which is the stages of law of
Q8: Which is not a part of cost?
A)Total
Q9: To find out cut-off production volume means
Q11: Where is exchange of goods and services
Q12: Which is the type of market?
A)Monopoly
B)Oligopoly
C)Perfect competition
D)All
Q13: _ refers to a market with a
Q14: What is Disposable Personal Income?
A)DPI = PI
Q15: _ is about not having enough money
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