Consider the following structure. 
Which of the following is the correct classification of this compound?
Definitions:
Total Cost
The complete cost of production that includes both fixed and variable costs.
Opportunity Cost
The best alternative that we forgo, or give up, when we make a choice or a decision.
ΔTVC/Δq
ΔTVC/Δq represents the change in Total Variable Cost (TVC) resulting from producing one additional unit of output, equivalent to Marginal Cost.
AVC
AVC, or Average Variable Cost, is the total variable costs divided by the quantity of output produced.
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