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    Microeconomics Theory Study Set 1
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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 27

Question 27

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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