Average total costs are total costs divided by
A) total output.
B) total fixed costs.
C) total variable costs.
D) the total number of workers employed.

Name: Average total costs are total costs divided by A) total output. B) total fixed costs. C) total variable costs. D) the total number of workers employed.
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Question

Quizplus · Accepted Answer

Average total costs are calculated by dividing total costs by total output, which gives the cost per unit of output.

Average Total Costs Are Total Costs Divided by