Which of the Following Costs Decrease with Increase in Output

question 230

Multiple Choice

Which of the following costs decrease with increase in output?

• A) Total variable cost
• B) Total fixed cost
• C) Total cost
• D) Average fixed cost per unit
• E) Sales commissions

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Definitions:

Presidential Democracy

A system of government where a president serves as the head of state and head of government, often in a system separate from the legislative branch.

Egalitarianism

A philosophy advocating for equal rights and opportunities for all individuals, emphasizing the importance of equality in social, political, and economic spheres.

Parliament

A legislative body of government responsible for making laws, typically structured in one or more houses or chambers.

Constitution

The fundamental law or set of laws that outlines the structure, powers, and principles of a government or organization.