Q. Which of the following is irrelevant for rational decision making? (Solved)
1. total variable cost (tvc)
2. explicit cost.
3. average fixed cost (afc).
4. marginal cost (mc).
- a. total variable cost (tvc)
1. total variable cost (tvc)
2. explicit cost.
3. average fixed cost (afc).
4. marginal cost (mc).