Which Type of Cost Has an Unchanging Total Expense and a Decreasing

question 10

Multiple Choice

Which type of cost has an unchanging total expense and a decreasing average expense as output increases?

• A) Fixed cost
• B) Variable cost
• C) Step cost
• D) Variable cost with fixed component

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Definitions:

Ordinary Mole

A small, often dark, benign growth on the skin arising from nevus cells that are usually harmless.

Symmetrical

Having parts that match in size, shape, and position on both sides of a dividing line.

Ordinary Mole

A common type of benign skin growth that appears as a small, dark brown spot, caused by clusters of pigmented cells.

Melanoma

A type of skin cancer that develops from the pigment-producing cells known as melanocytes.