Average Fixed Cost Is Equal to

question 132

Multiple Choice

Average fixed cost is equal to

• A)the amount of total cost that does not change as output changes in the short run.
• B)fixed cost divided by the quantity of output produced.
• C)fixed cost multiplied by the quantity of output produced.
• D)average total cost plus average variable cost.

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Definitions:

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The use of computers and software to perform tasks, process information, and solve problems.

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The creation, editing, formatting, and printing of text documents using software on a computer.

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Detailed written accounts or presentations of facts or findings, usually the result of research, analysis, or inquiry.