Total Fixed Cost Divided by the Level of Output Yields

question 96

Multiple Choice

Total fixed cost divided by the level of output yields

• A)average variable cost per unit
• B)average fixed costs per unit
• C)marginal cost per unit
• D)average total cost per unit
• E)marginal productivity per unit of fixed resource

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Definitions:

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A monotheistic religion based on the life and teachings of Jesus Christ, its central figure.

New Netherland

A 17th-century colonial province of the Dutch Republic that encompassed parts of modern Northeastern United States, including New York, New Jersey, and Delaware.

Legal Identity

The lawfully recognized personality under which an individual or entity has rights, duties, and is subject to legal actions.