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    Microeconomics Theory and Applications
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    Exam 7: Costs
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    Which of the Following Statements Is NOT True
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Which of the Following Statements Is NOT True

Question 132

Question 132

Multiple Choice

Which of the following statements is NOT true?


A) AC = AFC + AVC
B) C = F + VC
C) AVC = wage/MPL
D) AFC = AC - AVC

Correct Answer:

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