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    Managerial Economics Study Set 4
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    Exam 7: The Theory and Estimation of Cost Appendices 7A,7B,and 7C
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    Costs of Production That Change with the Rate of Output
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Costs of Production That Change with the Rate of Output

Question 33

Question 33

Multiple Choice

Costs of production that change with the rate of output are


A) sunk costs.
B) opportunity costs.
C) fixed costs.
D) variable costs.

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