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The cost incurred by using both fixed and variable factors in production is called

The cost incurred by using both fixed and variable factors in production is called
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
  • A Marginal cost
  • B Fixed cost
  • C Total cost
  • D Average cost
Correct Answer: Option C
Explanation:

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