Answered: 81. average Voriable cast is : A. equal…

81. average Voriable cast is : A. equal to the tatal variable cast (TV C) divided by the out put. B. the quotient of TVC when divided by the out put. C. Only A is carre ct D. Both A and B are carrect

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Question

81. average Variable cast is :
A. equal to the tatal variable cast (TV C)
divided by
the output.
B. the quotient of TVC when divided by
output.
the
C.Only A i
carri ct
carrect
D. Buth A and B are

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