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| A firm has rented a building at Rs. 40, 000 per month for setting up a factory. Currently, it is not producing any output. Calculate Total cost of firm, if any? |
No Total cost as it is producing nothing Total Cost is 40,000 Total cost is 25,000 None of above |
| Total Cost is 40,000 |
| At zero level of output, Total Cost is equal to TFC. |
