Introduction to Economics 1 Deneme Sınavı Sorusu #729433

Which of the followings shows the total cost divided by the amount of output produced?


The average cost

The average fixed cost

The average variable cost

The marginal cost

Total cost


Yanıt Açıklaması:

The Average cost (AC) tells us the cost per unit. It is equal to the total cost divided by the amount of output produced. The correct answer is A.

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