Average Total Cost Is Always ____________ Average Variable Cost,but as Output

question 140

Multiple Choice

Average total cost is always ____________ average variable cost,but as output rises,the difference between them ___________.

• A)greater than;widens
• B)less than;widens
• C)greater than;narrows
• D)less than;narrows

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Definitions:

Muffin Mixture

A batter specifically prepared for making muffins, usually containing flour, eggs, a leavener, liquids like milk or water, and other flavoring agents.

Aqueous Solutions

Solutions in which water is the solvent, often involving substances dissolved in water to form a homogeneous mixture.

Solvent

A substance, usually a liquid, capable of dissolving other substances without chemical change in the solvent or solute, forming a solution.

Aqueous Phase

The part of a system that is composed of water, especially when water is the solvent in a solution.