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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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    -In the Above Figure, at an Output Level of Q1
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-In the Above Figure, at an Output Level of Q1

Question 254

Question 254

Multiple Choice

  -In the above figure, at an output level of Q1, total variable cost is A)  OF times Q1. B)  OD times Q2. C)  OF. D)  OF minus DF.
-In the above figure, at an output level of Q1, total variable cost is


A) OF times Q1.
B) OD times Q2.
C) OF.
D) OF minus DF.

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