A. law of diminishing returns B. law of returns to scale ✓ C. cost of fixed inputs D. cost of variable...
average
A. continue to decrease ✓ B. remain unchanged C. continue to increase D. be equal to the total cost The...
A. gross profit B. net profit C. rate of turnover ✓ D. working capital The answer to the question is:...
Total cost is the total (entire or all) expenses incurred in the process of production. It is...
