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Which of the following is true about average cost?
Question 1
Report
Which of the following is true about average cost?
Fixed cost/quantity
Marginal + Fixed cost
Quantity × Fixed cost
Total cost/quantity
Total cost - fixed cost Quantity
Answer Details
Read lesson note on Theory Of Price Determination (WAEC)
Read lesson note on Theory Of Costs (JAMB)
Theory Of Price Determination
Theory Of Costs
View Answer