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    Principles of Microeconomics Study Set 4
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    Exam 8: Production and Cost
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    The Costs Incurred by a Firm in Its Use of Variable
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The Costs Incurred by a Firm in Its Use of Variable

Question 9

Question 9

Multiple Choice

The costs incurred by a firm in its use of variable factors of production are:


A) total costs.
B) marginal costs.
C) variable costs.
D) fixed costs.

Correct Answer:

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