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A firm's compulsory cost whether it is in production or not , is referred to as its

A firm's compulsory cost whether it is in production or not , is referred to as its
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
  • A Prime cost
  • B Variable cost
  • C Marginal cost
  • D Fixed cost
  • E Average cost
Correct Answer: Option D
Explanation:

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