Question 0

Average fixed cost is

  • A.Average total cost less the sum of average variable cost
  • B.Half the sum of all costs
  • C.Total fixed cost divided by the level of output
  • D.Total fixed cost plus marginal cost
  • E.
Objective

Question details

Exam body
JAMB
Subject
Economics
Year
1987
Question no.
#0
Type
Objective

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