Average Variable Cost Is Defined as

question 70

Multiple Choice

Average variable cost is defined as

• A) total variable cost divided by quantity.
• B) quantity divided by total variable cost.
• C) the change in total variable cost divided by the change in quantity.
• D) the change in quantity divided by the change in total variable cost.

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Definitions:

Plug

A plug is an electrical device allowing electrical equipment to be connected to the main power supply.

Universal Serial Bus (USB)

A standard for cables, connectors, and protocols used for connection, communication, and power supply between computers and devices.

Input Devices

Hardware used to provide data and control signals to an information processing system, such as keyboards, mice, and scanners.

Output Devices

Hardware components that convey information from a computer or electronic device to the user or another device, such as printers and monitors.