In economics, average variable cost (AVC) is the variable cost per unit. Variable costs are such cost which vary directly with change in output. AVC equals total variable cost divided by output.
4、An analyst does research about marginal cost and average cost.In the short run,when a firm's output increases beyond the point at which marginal cost equalsaverage variable cost, average fixed cost:【单选题】 A. and average total cost both increase. B. decreases and average variable cost...
The “Variable Cost Per Unit” column equals $100 at all production levels, since the metric is expressed on a per-unit basis. By multiplying the average variable cost by the quantity of units (or production), the total variable cost is $10k. Total Variable Cost – Production @ 100 = $...
帮忙解一道英文的微观经济题~不是翻译~回答随便用英文或是中文,You are asked to advise a monopolist who is producing 5,000 units with total revenues of $25,000.The marginal cost equals ATC,total fixed costs are $10,000,average
Average total cost equals marginal cost plus average variable costs. True False So long as marginal cost is rising, the average variable cost must rise. (a) True (b) False. True or False: If marginal cost is greater than average total cost, then the average...
Businesses closed down in price equals average variable costs low. 翻译结果4复制译文编辑译文朗读译文返回顶部 Companies in the price point is equal to the lowest average variable cost. 翻译结果5复制译文编辑译文朗读译文返回顶部 The enterprise closes down business the spot to occur is equal to the ...
Answer to: The sum of fixed cost and variable cost at any rate of output is equal to: a. Average total cost. b. Total profit. c. Total cost. d...
Question: When average total cost is decreasing as output expands: (average fixed cost must be increasing. ( average variable cost must be falling. marginal cost must be greater than average total cost. What happens when price equals average total cost?
At the level of output where marginal cost equals average variable cost: a. average total cost is minimum b. average variable cost is decreasing c. average variable cost is increasing d. average total cost is decreasing When marginal cost is great...
Home Economics Cost Curves Average Total Cost Average Total CostIn economics, average total cost (ATC) equals total fixed and variable costs divided by total units produced. Average total cost curve is typically U-shaped i.e. it decreases, bottoms out and then rises....