The Change in Total Cost That Results from a Change

question 235

Multiple Choice

The change in total cost that results from a change in output is __________ cost.

• A)average fixed
• B)average variable
• C)average total
• D)marginal

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Definitions:

Subject-Matter Jurisdiction

The jurisdiction of a tribunal to consider legal disputes within a certain category or connected to a particular topic.

In Personam Jurisdiction

A court's power to bring a person into its adjudicative process; jurisdiction over a person's rights, rather than over property.

Question of Fact

In legal contexts, this refers to a point of contention that involves the truth or falsity of factual statements, which is decided by a judge or jury.

Texting

The act of sending and receiving written messages through mobile devices.