Rwanda and Burundi ______________

question 58

Multiple Choice

Rwanda and Burundi ______________.

• A) have both driven out their Hutu populations
• B) are Subsaharan Africa's most densely populated countries
• C) were former British colonies
• D) both border Lake Victoria
• E) now constitute the newly-formed country of Rwundi

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Definitions:

Total Variable Cost

The total of all costs that vary with the level of output, including costs such as materials and labor.

Average Variable Cost

The variable cost per unit of output, calculated by dividing total variable costs by the quantity of output produced.

Marginal Cost Curve

A visual chart demonstrating the change in cost for manufacturing an additional unit of a product as production levels rise.

Average Variable Cost Curve

A graphical representation that shows the relationship between a firm's average variable costs and its quantity of output.