Spreading Overheads Means Increasing Output in Order to Reduce AVC

question 21

True/False

Spreading overheads means increasing output in order to reduce AVC.

---

Definitions:

Affirmative Defense

A response to a plaintiff's claim which, if proven, diminishes or eliminates liability.

Summons

A legal document issued by a court that orders an individual to appear before it at a specific time and place to respond to a legal action or proceeding.

Default Judgment

A court decision in favor of the plaintiff when the defendant fails to respond or appear in court.

Voir Dire

The process of questioning potential jurors to ensure that the jury will be made up of nonbiased individuals.