Average Total Cost Is

question 119

Multiple Choice

Average total cost is

• A) the per-unit cost and is derived by dividing total cost by marginal cost.
• B) the total unit cost of production.
• C) the per-unit cost and is derived by dividing total cost by the quantity of output.
• D) just the marginal cost adjusted for the workers' productivity level.
• E) derived by dividing marginal cost by the quantity of output.

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