The average fixed cost is obtained by :
A) tfc / q
B) mc / q
C) tac / q
D) avc / q
Correct Answer:
Verified
Q10: Average revenue is :
A)tr - tc
B)tr /
Q11: A hypothesis is a :
A)statement of facts
B)statement
Q12: In the classical system, the basic economic
Q13: Growth definition of economics was concerned with:
A)scarcity
B)welfare
C)wealth
D)economic
Q14: A market:
A)necessarily refers to a meeting place
Q16: Average Revenue curve under monopoly is :
A)upward
Q17: _ investigations examine an individual's relationship with
Q18: In the 19th century _ argued that
Q19: _ is distinctive for much greater use
Q20: The most important founder of German sociology,
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