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0 votes
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in Mathematical Methods for Economics by (46.0k points)

Fixed Cost is the ………. term in cost function represented in mathematical form. 

(a) Middle 

(b) Price 

(c) Quantity 

(d) Constant

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1 Answer

+1 vote
by (52.4k points)

Fixed Cost is the Constant term in cost function represented in mathematical form.

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