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    Principles of Microeconomics Study Set 4
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    Exam 8: Production and Cost
  5. Question
    Variable Cost Divided by the Quantity of Output Produced Is
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Variable Cost Divided by the Quantity of Output Produced Is

Question 100

Question 100

Multiple Choice

Variable cost divided by the quantity of output produced is:


A) marginal cost.
B) average total cost.
C) average fixed cost.
D) average variable cost.

Correct Answer:

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