If Average Fixed Cost and Average Variable Cost Are Summed

question 57

Multiple Choice

If average fixed cost and average variable cost are summed together, what is the result?

• A) average total cost
• B) total revenue
• C) total cost
• D) total profit

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Definitions:

CRM

Stands for Customer Relationship Management, a strategy for managing an organization's relationships and interactions with customers and potential customers.

OLTP

stands for Online Transaction Processing, a class of software programs capable of supporting transaction-oriented applications on the internet.

Batch Processing

A processing method where data or transactions are accumulated over a period and processed as a single group.

OLAP

Online Analytical Processing, a category of software tools that provides analysis of data stored in a database, enabling complex calculations, trend analysis, and data modeling.