Multiple Choice
As production moves up, the average cost per unit decreases because ________.
A) variable costs decrease
B) of increasing diseconomies of scale
C) fixed costs are spread over more units
D) overhead costs decrease
E) revenue increases
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q122: Price is important to managers _.<br>A) because
Q123: Elmo Inc., a global conglomerate, designed the
Q124: Which of the following is true with
Q125: Break-even volume is the number of unit
Q126: DivetheBlue, a company marketing deep-sea diving equipment,
Q128: A company faces fixed costs of $100,000
Q129: If a company faces competition, its demand
Q130: If demand hardly changes with a small
Q131: Which of the following is true of
Q132: Why is markup pricing most likely popular?<br>A)