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Use the Following Figure to Answer the Question : Figure

Question 20

Multiple Choice

Use the following figure to answer the question : Figure 9-4 : shows the marginal cost curve,the average cost curve,the average variable cost curve,and the demand curve for a firm over different levels of output.The market price is $P. Use the following figure to answer the question : Figure 9-4 : shows the marginal cost curve,the average cost curve,the average variable cost curve,and the demand curve for a firm over different levels of output.The market price is $P.   -Refer to Figure 9-4.At the output level OB the total fixed cost is equal to _____. A) TBOV B) KTVP C) GKPS D) GTVS
-Refer to Figure 9-4.At the output level OB the total fixed cost is equal to _____.


A) TBOV
B) KTVP
C) GKPS
D) GTVS

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