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Dividing total variable cost by quantity of output gives
Classroom
Economics Classroom
Waec
Waec 2000
More Topics
Dividing total variable cost by quantity of output gives
SchoolNGR Classroom
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
A
Total cost (TC)
B
Total Fixed Cost (TFC)
C
Variable cost (VC)
D
Average Variable Cost (AVC)
Show Answer
Show Explanation
Correct Answer:
Option D
Explanation:
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