Answer the Question on the Basis of the Following Information

question 44

Multiple Choice

Answer the question on the basis of the following information: $$\begin{array} { l l } \text { TFC = Total Fixed Cost } & Q = \text { Quantity of Output } \\\text { MC = Marginal Cost } & P = \text { Product Price } \\\text { TVC = Total Variable Cost } &\end{array}$$ Refer to the information.Average total cost is:

• A)
• \(\text { TVC - MC }\)
• B)
• \(\frac { \text { TVC - TFC } } { Q }\)
• C)
• \(\frac { \text { TVC } } { Q }\)
• D)
• \(\frac { \text { TFC } + \text { TVC } } { Q }\)

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