Which of the Following Costs Will Not Change as Output

question 124

Multiple Choice

Which of the following costs will not change as output changes?

• A)marginal cost
• B)total variable cost
• C)average variable cost
• D)average fixed cost
• E)total fixed cost

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Definitions:

Ring Gear

A large gear that meshes with a smaller gear (pinion), often used in the differential of an automobile.

Planetary Gearset

a compact, high-torque gear system where the central gear (sun gear) drives multiple outer gears (planet gears) which in turn drive a ring gear.

Ring Gear

A large circular gear that engages with a smaller, driving gear or pinion, often found in the differential of a vehicle.

Sun Gear

A central gear around which planetary gears revolve in an automatic transmission or differential, part of a planetary gear set.