Which of the Following Measures of Cost Is Best Described

question 155

Multiple Choice

Which of the following measures of cost is best described as "the cost of a typical unit of output if total cost is divided evenly over all the units produced?"

• A)average fixed cost
• B)average variable cost
• C)average total cost
• D)marginal cost

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Definitions:

Uracil

(uracil) A nitrogenous pyrimidine base found in RNA.

Adenine

A purine nucleobase that pairs with thymine in DNA and uracil in RNA, essential for the structure of nucleic acids.

Thymine

A nitrogenous base found in DNA, pairing with adenine through two hydrogen bonds to assist in stabilizing the nucleic acid structures.

Citrulline

An amino acid that plays a significant role in the urea cycle, helping to eliminate ammonia from the body.