Multiple Choice
Average variable cost equals
A) TC/Q.
B) TVC/Q.
C) TFC/Q.
D) change in total cost/change in output.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q150: "The long-run average cost curve is derived
Q151: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB5018/.jpg" alt=" -Using the above
Q152: Which of the following is TRUE for
Q153: Economies of scale occur when there are<br>A)
Q154: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB5018/.jpg" alt=" -Using the above
Q156: Which of the following is NOT correct?<br>A)
Q157: Marginal costs will begin to rise at
Q158: As successive equal increases in a variable
Q159: The time period during which a firm's
Q160: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB5018/.jpg" alt=" -In the above