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    cost relationships

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    Which of the following cost relationships is not true?

    a. AFC = AC - MC

    b. TVC = TC - TFC

    c. the change in TVC/the change in Q = MC

    d. the change in TC/ the change in Q = MC

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    Solution Preview

    Which of the following cost relationships is not true?

    a. AFC = AC - MC

    *** Remember, ...

    Solution Summary

    The cost relationships are studied.

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