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Which of the following is true regarding a constant cost firm?

No matter how many units produced the per unit cost is the same.

1st unit of production has the same cost as the last.

Marginal Cost is fixed and equal to the Average Cost

Faces constant production costs for all units of output produced.

All of the above are true.

None of the above is true.

Business Economics, Economics

  • Category:- Business Economics
  • Reference No.:- M91275987

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