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प्रश्न
What formula is used to calculate average cost in the short run?
पर्याय
Total cost = AFC + AVC
Average cost = AFC + AVC
Average cost = AVC
Average cost = TC × Q
MCQ
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उत्तर
Average cost = AFC + AVC
Explanation:
The average cost formula in the short run is the sum of average fixed cost (AFC) and average variable cost (AVC).
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