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  9. Q12
Question 12

The cost incurred by using both fixed and variable factors in production is called

  • A.marginal cost
  • B.fixed cost
  • C.total cost
  • D.average cost
Objective

Question details

Exam body
WAEC
Subject
Economics
Year
2001
Question no.
#12
Type
Objective
Previous · Q11Performance of one task in a production process is known as Next · Q13 Consumer buy more of a commodity at a lower price than at a higher price because

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