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NelitaEdeweetygir NelitaEdeweetygir
  • 31-01-2017
  • Business
Answered

At any given volume, average fixed costs must equal average variable costs


True or false?

Verified Answer :

Alkis
Alkis Alkis
  • 02-02-2017

False. Average fixed costs are totally different from average variable costs. They can only be equal if by chance the fixed costs are equal to variable costs for a specific level of production

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