Average Cost Is Obtained by Dividing

question 248

Multiple Choice

Average cost is obtained by dividing:

• A) total fixed cost by the related quantity.
• B) marginal cost by marginal revenue.
• C) total cost by the related quantity.
• D) average fixed cost and average variable cost by the quantity produced.
• E) total variable cost by the related quantity.

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Definitions:

Coordinating Conjunction

A coordinating conjunction is a word used in grammar to connect words, phrases, or clauses that are equally important or similar in structure.

Punctuated Correctly

Ensuring text follows standard rules of punctuation for clarity, readability, and correctness in written communication.

Du Pont

An American conglomerate founded in 1802, known historically for its development and manufacturing of chemicals and products related to agriculture, electronics, industrial biosciences, and performance materials.

Coordinating Conjunction

A word used to connect clauses or sentences of equal rank, such as "and," "but," or "or."