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    Principles of Microeconomics
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    Exam 8: Short-Run Costs and Output Decisions
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    The Formula for Average Fixed Costs Is
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The Formula for Average Fixed Costs Is

Question 201

Question 201

Multiple Choice

The formula for average fixed costs is


A) TFC - q.
B) TFC/q.
C) q/TFC.
D) Δq/ΔTFC.

Correct Answer:

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