The Change in Total Variable Cost Which Accompanies One Extra

question 109

Multiple Choice

The change in total variable cost which accompanies one extra unit of output is

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

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Definitions:

Adult

A person who has reached a stage of maturity in which they have attained full physical development and are considered legally responsible for their actions.

Disadvantages

Aspects of a situation that make it more difficult to achieve success or that put one at a lesser position compared to others.

Gender Roles

Gender roles are societal norms dictating the types of behaviors that are considered acceptable, appropriate, or desirable for people based on their actual or perceived sex.

Gender

The range of characteristics pertaining to, and differentiating between, masculinity and femininity.