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    The Economy Today
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    Exam 21: The Costs of Production
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    At Any Given Rate of Output,the Difference Between Total Cost
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At Any Given Rate of Output,the Difference Between Total Cost

Question 31

Question 31

Multiple Choice

At any given rate of output,the difference between total cost and fixed cost is


A) Marginal cost.
B) Average variable cost.
C) Zero in the short run.
D) Variable cost.

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