1. When a fi rm is producing zero output, total cost equals a. zero. b. variable cost....

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1. When a fi rm is producing zero output, total cost equals

a. zero.

b. variable cost.

c. fi xed cost.

d. average total cost.

e. marginal cost.

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Krugmans Economics For AP

ISBN: 9781464122187

2nd Edition

Authors: Margaret Ray, David Anderson

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