Even If a Firm's Average Variable Cost Remains Constant Per

question 101

True/False

Even if a firm's average variable cost remains constant per unit, its average cost will increase as output increases.

---

Definitions:

Cell Phone

A portable telephone that uses wireless technology to send and receive calls and messages.

Caller ID

A telephone feature that displays the phone number of the incoming call.

Important Call

A critical or significant telephone conversation with a stakeholder that can have a substantial impact on business operations or outcomes.

FOB Destination

The point at which the seller pays all shipping costs and title passes on delivery.