Which of the Following Costs Can Be Positive When Output

question 127

Multiple Choice

Which of the following costs can be positive when output is zero?

• A) average variable cost
• B) total variable cost
• C) marginal cost
• D) total fixed cost
• E) None of the above because when output is zero there are no costs.

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Horizontally Integrated

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Theft Insurance

A type of insurance policy that provides coverage against loss or damage of property due to theft.

Alarm System

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