Write the economic terms 1. Cost vary with output 2. Total Cost divi – InterviewSolution

1.

Write the economic terms 1. Cost vary with output 2. Total Cost divided by quantity 3. TR n – TR n-14. TR = TC point 5. A case where an increase in all the inputs lead to a just proportionate increase in output.

Answer»

1. Variable cost

2. Average cost

3. Marginal revenue

4. Breakeven point

5. Constant returns

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