Multiple Choice
If the difference between average cost (AC) and average variable cost (AVC) at 200 units is $5,at 400 units of output,the difference between AC and AVC must be:
A) less than $5
B) greater than $5
C) equal to $2
D) equal to $0.50
E) equal to $10
Correct Answer:
Verified
Related Questions
Q32: Marginal cost may be defined as the:
A)rate