If Fixed Costs Do Not Change, Then Marginal Cost

question 204

Multiple Choice

If fixed costs do not change, then marginal cost

• A)also remains constant.
• B)equals the change in variable cost divided by the change in output.
• C)equals the change in average variable cost divided by the change in output.
• D)equals the change in average fixed cost divided by the change in output.

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Definitions:

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A statistical technique used in information visualization, especially to display the information contained in a distance matrix.

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Positioning Statement

A brief description that communicates how a brand or product uniquely fulfills the needs or wants of its target market compared to its competitors.

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