Average Total Cost Equals

question 69

Multiple Choice

Average total cost equals

• A) the change in total cost divided by the change in output.
• B) total fixed cost divided by output.
• C) average fixed cost plus average variable cost.
• D) total cost minus total variable cost.
• E) average fixed cost plus average variable cost plus marginal cost.

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Definitions:

Stub Extending

Refers to adding an extension to a stub, which is a short length of pipe or tube used in piping systems or in programming to serve as a placeholder for future code.

Permitted Length

The maximum allowable length of a vehicle or combination of vehicles (e.g., truck and trailer) as regulated by jurisdictional road use laws.

Data Bus

A communication system that transfers data between components inside a computer or between computers.

Bandwidth

Volume or capacity of a data transmission medium; the number of packets that can be pumped down a channel or multiplex backbone.