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    Microeconomics Principles
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    Exam 7: Production and Cost
  5. Question
    A Firm's Cost of Variable Inputs Per Unit of Output
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A Firm's Cost of Variable Inputs Per Unit of Output

Question 78

Question 78

Multiple Choice

A firm's cost of variable inputs per unit of output is known as


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

Correct Answer:

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