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

By: |Published on: May 26|Categories: Economics WAEC| 0 comments

A. marginal cost
B. fixed cost
C. total cost
D. average cost

Correct Answer: Option C

C. total cost

Users Also Read These:

SEE ALSO  Inflation can best be checked by?

Copyright warnings! Do not copy.