Examveda
Examveda

Match the following columns
Column I Column II
a. Total cost is equal to 1. VC/output
b. Average cost is equal to 2. FC/output
c. Fixed cost is equal to 3. TC/output
d. Variable cost is equal to 4. FC + VC

A. a-2, b-4, c-3, d-1

B. a-4, b-3, c-2, d-1

C. a-3, b-4, c-2, d-1

D. a-2, b-3, c-4, d-1

Answer: Option B


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