Examlex
Which of the following is not a determinant of autonomous consumption?
Marginal Cost
The money needed to produce an additional unit of a product or service.
Average Variable Cost
The total variable costs divided by the quantity of output produced, representing the variable cost incurred to produce each unit of output.
Marginal Cost
The leap in all-encompassing expenses associated with the production of an additional unit of a product or service.
Average Total Cost
The cost of producing everything, when divided by the number of units made, signifies the cost for each unit produced.
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