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Fixed. Variable Total cost functions cly)is the total cost of all inputs, fixed and variable, when producing y output units. cly)is the firm's total cost function c(y)=F+Cy(y)Fixed, Variable & Total Cost Functions c(y) is the total cost of all inputs, fixed and variable, when producing y output units. c(y) is the firm’s total cost function; c(y) = F + cv (y)
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