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    Exam 22: The Firm: Cost and Output Determination
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    Summing All of the Costs That Do NOT Change as Output
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Summing All of the Costs That Do NOT Change as Output

Question 173

Question 173

Multiple Choice

Summing all of the costs that do NOT change as output varies yields


A) variable costs.
B) fixed costs.
C) implicit costs.
D) explicit costs.

Correct Answer:

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