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    Principles of Microeconomics
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    Exam 8: Short-Run Costs and Output Decisions
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    The Formula for Total Fixed Cost Is
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The Formula for Total Fixed Cost Is

Question 247

Question 247

Multiple Choice

The formula for total fixed cost is


A) TFC = TC + TVC.
B) TFC = TVC -TC.
C) TFC = TC/TVC.
D) TFC = TC -TVC.

Correct Answer:

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