-An Ohmmeter Should ________

question 42

Multiple Choice

-An ohmmeter should ________.

• A)be inserted into the circuit so the current flows through it
• B)have the polarity carefully checked before its use
• C)be connected across a circuit with the power on
• D)be placed across the resistor after the resistor has been disconnected from the circuit

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Definitions:

AVC

Average Variable Cost, which is the total variable costs divided by the quantity of output produced.

ATC

A restated definition for Average Total Cost; it implies the cost per unit produced when both fixed and variable costs are accounted for across all levels of output.

AFC

Average Fixed Cost, which is the fixed costs of production spread out over the number of units produced, declining as production increases.

Average Total Cost

The total costs of production divided by the total output, giving the cost per unit of output calculated by adding fixed and variable costs and dividing by the number of units produced.