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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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    Which of the Following Cost Relationships Is Not True
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Which of the Following Cost Relationships Is Not True

Question 37

Question 37

Multiple Choice

Which of the following cost relationships is not true?


A) AFC = AC - MC
B) TVC = TC - TFC
C) The change in TVC/the change in Q = MC
D) The change in TC/ the change in Q = MC

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