Which of the following is calculated by dividing the variable costs by the number of units produced?
a. average variable cost
b. marginal cost
c. average total cost
d. break-even point.
e. average fixed cost
Answer: a. average variable cost
Marketing MCQ
a. average variable cost
b. marginal cost
c. average total cost
d. break-even point.
e. average fixed cost
Answer: a. average variable cost