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Total cost - Jamb Economics Past Questions and Answers

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Jamb Economics Past Questions

Jamb Past Questions and Answers on Total cost

Question 6:


The average total cost when 20 units are produced is

A. N20.00
B. N23.00
C. N13.00
D. N15.00


Question 7:


When 20 units of output is produced, TC will be

A. N360
B. N300
C. N460
D. N400






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