Average Variable Cost Is

question 89

Multiple Choice

Average variable cost is

• A)the change in cost as output decreases
• B)the change in cost as output increases
• C)TC / quantity of output
• D)TVC / quantity of output
• E)AFC + AVC

---

Definitions:

Krzysztof Wodiczko

A contemporary artist known for his large-scale slide and video projections on architectural facades and monuments, often addressing social issues.

Large-Scale Artworks

Artistic creations that are made on a significantly large canvas, often requiring a considerable amount of space to be properly displayed.

Slide Images

Photographs or illustrations transferred onto transparent slides for projection, often used in academic and professional presentations.

Contemporary Japanese Artist

An artist from Japan who produces work in the late 20th century to the present, often reflecting modern themes and techniques.