Total cost divided by total output yields:
a. marginal cost.
b. average variable cost.
c. average fixed cost.
d. average total cost.
d
Economics
You might also like to view...
The federal government debt as a percentage of GDP fell
A) from 2002-2007. B) from 1980-1992. C) during World War I and World War II. D) from 1998-2001. E) during the Great Depression.
Economics
Taking unauthorized work breaks would be an example of:
A. Compensating differences B. Noncompeting groups C. Piece rate incentives D. Shirking
Economics