d. totalAverage Total Cost:The average total cost is defined as the per-unit cost of production. It is obtained by dividing the total cost with total output produced. It comprises of average fixed cost and average variable cost.Answer and Explanation: ...
Total cost is defined as the cost that is incurred by the firm to produce goods and services in the economy. Total cost consists of two major components, total fixed costs and total variable cost. Firms earn profit when the total revenue is greater...
The graph below shows the average cost of monthly contract for four different cell phones in a European country from January to September in 2002. Summarise the information by selecting and reporting the main features, and make comparisons where relevant. Write at least 150 words. Task 1 曲线图...
The second AKZO test applies special price bands defined by average variable costs and average total costs. Prices below average total cost--which is the sum of the fixed and variable costs--but above average variable costs are regarded as abusive if there is a plan to eliminate a competitor...
If average variable cost decreases as output increases, then: A. marginal cost is negative. B. marginal cost is decreasing. C. marginal cost is less than average variable cost. D. marginal cost is greater than average variable cost. 相关知识点: 试题来源: 解析 答案:C 反馈 收藏 ...
Average cost is defined as per unit cost of production, which is the ratio of the total cost of production to the total number of units produced
The meaning of AVERAGE is a single value (such as a mean, mode, or median) that summarizes or represents the general significance of a set of unequal values. How to use average in a sentence. Did you know? Synonym Discussion of Average.
The average cost method formula is calculated as: Total Cost of Goods Purchased or Produced in Period ÷ Total Number of Items Purchased or Produced in Period = Average Cost for Period The result can then be applied to both the cost of goods sold (COGS) and the cost of goods still held...
百度试题 题目If average variable cost decreases as output increases, then: 相关知识点: 试题来源: 解析 marginal cost is less than average variable cost.反馈 收藏
fees to the total loan amount. This increases the principal amount borrowed. By doing this, the borrower can spread out the cost over the life of the loan, but it will also increase the total loan amount and, subsequently, the monthly mortgage payments; an example of this is shown below....