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  3. Study Set
    Managerial Economics
  4. Exam
    Exam 5: The Production Process and Costs
  5. Question
    The Difference Between Average Total Costs and Average Variable Costs
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The Difference Between Average Total Costs and Average Variable Costs

Question 62

Question 62

Multiple Choice

The difference between average total costs and average variable costs is


A) marginal cost.
B) average fixed cost.
C) fixed cost.
D) none of the statements associated with this question are correct.

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