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Agriculture · Q194

Agricultural Economics

Graduate and Post Graduate · Agriculture · question 194

Q194

Match the following columns Column I Column II a. Total cost is equal to 1. VC/output b. Average cost is equal to 2. FC/output c. Fixed cost is equal to 3. TC/output d. Variable cost is equal to 4. FC + VC

Match the following columns
Column I Column II
a. Total cost is equal to 1. VC/output
b. Average cost is equal to 2. FC/output
c. Fixed cost is equal to 3. TC/output
d. Variable cost is equal to 4. FC + VC
A.
a-2, b-4, c-3, d-1
B.
a-4, b-3, c-2, d-1
Answer
C.
a-3, b-4, c-2, d-1
D.
a-2, b-3, c-4, d-1

Answer: Option B

Solution

Answer: Option B
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