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Figure 5.4 -In Figure 5.4, the Difference Between Total Costs and Variable

Question 54

Multiple Choice

  Figure 5.4 -In Figure 5.4, the difference between total costs and variable cost is A)  average total cost. B)  fixed cost. C)  total costs are positive when output is zero implying fixed costs. D)  all of the above. Figure 5.4
-In Figure 5.4, the difference between total costs and variable cost is


A) average total cost.
B) fixed cost.
C) total costs are positive when output is zero implying fixed costs.
D) all of the above.

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