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    Question

    When variable cost is zero, the total cost will be? 

    I. Equal to variable cost II. Equal to fixed cost III. Equal to average variable cost
    A Only I Correct Answer Incorrect Answer
    B Only II Correct Answer Incorrect Answer
    C Only III Correct Answer Incorrect Answer
    D All I, II and III Correct Answer Incorrect Answer

    Solution

    The correct answer is B

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