Average Variable Cost Is Defined as

question 15

Multiple Choice

Average variable cost is defined as

• A)Total cost divided by output.
• B)Total cost divided by number of workers.
• C)Variable cost divided by output.
• D)Variable cost divided by price.

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Definitions:

Decide

To make a choice or conclusion from among several options or pieces of information.

Memo

A written message, typically in a business context, used for internal communication among employees or departments.

Bad News

Bad news refers to information that is undesirable or disappointing to the recipient, similar to a negative message, but often related to personal, professional, or societal contexts.

Superior

Superior is a term denoting higher quality, status, or authority compared to others.