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The average cost is calculated by dividing which of the following by the quantity of output?a)Fixed costb)Variable costc)Total costd)Marginal costCorrect answer is option 'C'. Can you explain this answer? for JAMB 2025 is part of JAMB preparation. The Question and answers have been prepared according to the JAMB exam syllabus. Information about The average cost is calculated by dividing which of the following by the quantity of output?a)Fixed costb)Variable costc)Total costd)Marginal costCorrect answer is option 'C'. Can you explain this answer? covers all topics & solutions for JAMB 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for The average cost is calculated by dividing which of the following by the quantity of output?a)Fixed costb)Variable costc)Total costd)Marginal costCorrect answer is option 'C'. Can you explain this answer?.

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