Average Total Cost Is Calculated by Dividing

question 2

Multiple Choice

Average total cost is calculated by dividing:

• A)the change in total cost by the change in the quantity of output.
• B)total output by the number of people employed.
• C)the change in total output by the change in the number of people employed.
• D)total cost by total output.
• E)total output by total cost.

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