Examlex
The second category of question in the SPIN approach is called the ________ question.
AVC
AVC, or Average Variable Cost, is the cost per unit of variable inputs divided by the quantity of output produced.
Variable Cost
Costs that change in proportion to the level of production or sales volume.
Average Total Cost
The average cost of producing one unit, determined by dividing the total production expenses by the quantity of products made.
Fixed Cost
Expenses that do not change as a function of the activity of a business, within the relevant period.
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