Average Total Cost Is the Ratio of _____ Cost to _____

question 253

Multiple Choice

Average total cost is the ratio of _____ cost to _____.

• A)total;marginal cost
• B)total;quantity of output
• C)total;amount of variable input
• D)marginal;amount of variable input

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Definitions:

Stock Dividend

A distribution of additional shares of a company's stock to its shareholders without any change in ownership percentage.

Stock Split

A corporate action where a company divides its existing shares into multiple shares to boost the liquidity of the shares, although the overall value of the company does not change.

Common Stock

Equity securities that represent ownership in a corporation, giving holders voting rights and a share in the company's profits via dividends.

Outstanding

Unsettled or remaining due; not yet paid, resolved, or completed.