The correct name for the compound shown below is: 
Definitions:
Total Variable Costs
These are expenses that change in proportion to the activity of a business, such as costs for raw materials or production.
Output
The quantity of goods or services produced within a given period by a firm, industry, or economy.
Average Variable Costs
The total variable costs divided by the number of units produced, representing the variable cost per unit of output.
Total Variable Cost
The total of all costs that vary with output level in the short run.
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