Which of these will always be the highest?
A)average variable cost
B)average fixed cost
C)marginal cost
D)average total cost

Question

Quizplus · Accepted Answer

Average total cost (ATC) is generally the highest among the options listed because it includes both average fixed costs (AFC) and average variable costs (AVC). ATC = AFC + AVC, so it combines all costs per unit of output, making it typically the highest measure compared to each component individually or the marginal cost.

Which of These Will Always Be the Highest