Average Fixed Cost Is Found by Dividing ________ by Output;as

question 78

Short Answer

Average fixed cost is found by dividing ________ by output;as output rises,average fixed cost __________.

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Definitions:

Employee Capital

The value employees bring to a company in terms of their skills, knowledge, and experience.

Knowledge Management

The act of generating, disseminating, utilizing, and overseeing an organization's knowledge and information to fulfill its goals.

External Environment

The external factors, conditions, and influences that affect an organization's performance and operations, including economic, political, social, and technological aspects.

Intellectual Capital

The intangible value of an organization made up of its knowledge, relationships, and human talent.