Average Variable Cost Equals

question 70

Multiple Choice

Average variable cost equals

• A)average total cost plus average fixed cost.
• B)total variable cost divided by the change in output.
• C)total variable cost divided by output.
• D)price of the variable input times the quantity of the variable input.

---

Definitions:

Computer Protocol

A set of rules for exchanging electronic information.

Static Address

A permanent IP address assigned to a device on the Internet or a local network.

Dynamic Address

An IP address that can change each time a device connects to the internet, as opposed to a static IP address which remains constant.