Average Total Cost Is Very High When a Small Amount

question 211

Multiple Choice

Average total cost is very high when a small amount of output is produced because

• A)average variable cost is high.
• B)average fixed cost is high.
• C)marginal cost is high.
• D)marginal product is high.

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Financial instruments issued in the United Kingdom, including stocks, bonds, and other investment vehicles.

Total Return

The overall financial gain or loss on an investment, including both capital appreciation/depreciation and income like dividends and interest over a given time period.

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