At What Level of Output Will Average Variable Cost Equal

question 482

Multiple Choice

At what level of output will average variable cost equal average total cost?

• A)when marginal cost equals average total cost
• B)for all levels of output in which average variable cost is falling
• C)when marginal cost equals average variable cost
• D)There is no level of output where this occurs, as long as fixed costs are positive.

Identify strategies to overcome the functional chimney problem through effective team structure.

Recognize the role of managers and leaders in facilitating team integration and effectiveness.

Understand the concept and characteristics of different types of teams, including distributed, self-managing, and virtual teams.

Recognize the stages of team development and the characteristics of each stage.