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Friday, 27 February 2026
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From the graph above, R represents



From the graph above, R represents
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
  • A Marginal cost
  • B Total cost
  • C Variable cost
  • D Fixed cost
Correct Answer: Option B
Explanation:

R represents Total cost which is the total economic cost of production and is made up of variable cost and fixed cost.
The diagram below would help you know how to identify the various types of cost,

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