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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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