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    Principles of Microeconomics
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    Exam 13: The Costs of Production
  5. Question
    Some Costs Do NOT Vary with the Quantity of Output
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Some Costs Do NOT Vary with the Quantity of Output

Question 41

Question 41

Multiple Choice

Some costs do NOT vary with the quantity of output produced.What are those costs called


A) marginal costs
B) average costs
C) fixed costs
D) incurred costs

Correct Answer:

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