No change in fixed cost at different levels of output - Implication

Q.  If there is no change in fixed cost at different levels of output,
- Published on 11 Sep 15

a. Marginal costs > Differential cost
b. Marginal costs < Differential cost
c. Marginal cost and Differential cost are same
d. None of the above

ANSWER: Marginal cost and Differential cost are same

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