Average Total Cost Is Equal to

question 170

Multiple Choice

Average total cost is equal to

• A)average fixed cost minus average variable cost.
• B)total cost divided by the level of output.
• C)marginal cost plus variable cost.
• D)total cost divided by the number of workers.

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Definitions:

Binary

A system consisting of two parts, states, or components, often used to describe things in terms of opposites like off/on or male/female.

Perfectly Aligned

A state or condition where elements or components are positioned in exact agreement or coordination with each other.

Gender Identity

An individual's personal sense of their own gender, which may or may not correspond to their sex assigned at birth.

Heteronormativity

A cultural bias favoring heterosexual relationships and identities, often marginalizing those who do not fit into this norm.