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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