Average Variable Cost Is the Ratio Of

question 96

Multiple Choice

Average variable cost is the ratio of:

• A) total cost to the marginal cost.
• B) variable inputs to fixed inputs.
• C) variable cost to the quantity of output.
• D) fixed cost to variable cost.

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Definitions:

Vertebral Column

The spine or backbone, consisting of a series of vertebrae that enclose and protect the spinal cord.

Interspinales

Muscles located between the spinous processes of the vertebrae, contributing to spinal stability and movement.

Multifidus

The multifidus is a deep muscle of the back that stabilizes the vertebrae during movement and helps maintain proper posture.

Psoas Minor

A slender muscle of the human body, located anterior to the psoas major muscle, that plays a role in flexing the lumbar region of the vertebral column.