The Output Elasticity of Total Cost Is Equal To

question 58

Multiple Choice

The output elasticity of total cost is equal to:

• A)the slope of the isocost line.
• B)the ratio of marginal cost to average cost.
• C)the ratio of average cost to marginal cost.
• D)the ratio of average cost to total cost.

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Definitions:

Put/call Ratio

A indicator measuring the trading volume of put options to call options, used to gauge investor sentiment in the market.

Bearish Signal

An indicator or trend suggesting that the price of an investment is likely to decrease.

Contrarian

An investor or analyst who intentionally goes against prevailing market trends or sentiments, believing that the crowd is wrong and that there is value in taking an opposite position.

Moving Average

A statistical measure used to analyze data points by creating a series of averages of different subsets of the full data set.