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John has added five minutes to his goal running time after he began noticing it is taking him longer to finish his morning run. According to Brandtstädter, John is said to be engaging in
Average Variable Cost
The variable cost of production divided by the quantity produced, showing the cost of producing each additional unit.
Average Total Cost
The total cost of production divided by the number of units produced, representing the per-unit cost of production for a firm.
Rising
An increase or upward trend in value, quantity, or importance.
Average Variable Cost
The total variable cost divided by the number of units produced, representing the variable cost per unit of output.
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