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.Management Sciences
A. is derived from the average fixed costs
B. Converges with the average cost as output increases
C. Equals the total costs divided by the output
D. Equals revenue minus profits
Related Mcqs:
- If an economy moves from producing 10 units of A and 4 units of B to producing 7 As and 5Bs The opportunity cost of the 5th B is ?
- A. 7As B. 10As C. 3As D. 1A...
- To anticipate what the economy is going to do next the government will look at ?
- A. Lagging indicators B. Flashing indicator C. Coincidental indicators D. Leading indicators...
- An economy may operate outside the production possibility Frontier if ?
- A. It is not utilizing its resources fully B. It is being productively efficient C. It is a mixed economy D. It is trading other economies...
- When an economy first begins to grow more slowly ?
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- Once a social scientist has formulated the hypothesis what is the next step of the scientific method ?
- A. Generalization B. Developing a research design C. Data analysis D. Replication...
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