As Output Increases,average Total Cost Eventually Rises Because

question 34

Multiple Choice

As output increases,average total cost eventually rises because

• A) average fixed cost increases at a faster rate than average variable cost.
• B) average variable cost will eventually increase at a faster rate than that at which average fixed cost declines.
• C) marginal cost is offset by fixed cost.
• D) of a declining rate of increase in total cost.
• E) increases in average total cost offset increases in average variable cost.

Understand the role of different activity measures in budgeting and variance analysis.

Analyze and adjust budgets for service-oriented entities.

Understand the principles of budgeting in healthcare and service industries.

Learn how to prepare a planning budget based on projected activity levels.

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