If Average Fixed Costs Equal $60 and Average Total Costs

question 214

Multiple Choice

If average fixed costs equal $60 and average total costs equal $120 when output is 100, the total variable cost must be

• A) $40.
• B) $60.
• C) $6,000.
• D) $8,000.

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Definitions:

Diabetic Patient

An individual who has diabetes, a chronic condition characterized by high levels of sugar (glucose) in the blood.

Glucose Monitoring

The process of regularly measuring the levels of glucose in the blood, crucial for managing diabetes and other metabolic disorders.

Diabetic Specialist

A healthcare professional with expertise in diabetes management, responsible for providing specialized care and education to patients.