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    Economics Today Study Set 1
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    Exam 22: The Firm: Cost and Output Determination
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    Which One of the Following Statements Is FALSE
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Which One of the Following Statements Is FALSE

Question 126

Question 126

Multiple Choice

Which one of the following statements is FALSE?


A) TC = TFC + TVC
B) ATC = AFC + AVC
C) AFC = TFC divided by Q
D) MC = TC divided by Q

Correct Answer:

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