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
Answer:A
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