When output is zero , fixed cost is and variable cost is _______. a) zero , zero

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When output is zero , fixed cost is and variable cost is _______.

a) zero , zero

b) zero, more than zero

c) more than zero, zero

d) more than zero, more than zero.

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Microeconomics

ISBN: 9780077641542

11th Edition

Authors: Stephen Slavin

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Question Posted: Feb 29, 2024 07:01 AM

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When output is zero , fixed cost is and variable cost is _______. a) zero , zero

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When the output is zero the fixed cost remains unchanged beca...View the full answer

Microeconomics

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