BY definition variable cost VC is related to to... - JAMB Economics 1992 Question
BY definition, variable cost (VC) is related to total costs (TC) and fixed costs (FC) by the equation?
A
VC =TC + FC
B
VC = TC - FC
C
VC = TC/FC
D
VC = (TC)(FC)
Ask EduPadi AI for a Detailed Answer
Correct Option: B
Please share this, thanks:
#JAMB #JAMB
Add your answer
No responses