Average Variable Cost

question 11

Multiple Choice

Average variable cost:

• A) first decreases then increases as output expands.
• B) remains unchanged as output expands.
• C) always increases as output increases.
• D) always decreases as output expands.

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Definitions:

Water

A clear, flavorless, scentless, and almost invisible chemical compound that primarily makes up the waters of Earth's rivers, lakes, and seas.

Electronegativity

A measure of an atom's ability to attract and hold electrons, influencing the bond type and polarity among atoms.

Electrons

Subatomic particles with a negative charge, found in all atoms and playing essential roles in electricity, chemistry, and bonding.

Compound

A substance made up of two or more different elements that are chemically bonded together.