If average fixed cost and average variable cost are summed together, what is the result?
A) average total cost
B) total revenue
C) total cost
D) total profit

Name: If average fixed cost and average variable cost are summed together, what is the result? A) average total cost B) total revenue C) total cost D) total profit
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Question

Quizplus · Accepted Answer

Summing up the average fixed cost and average variable cost gives us the average total cost. Therefore, the correct answer is A.

If Average Fixed Cost and Average Variable Cost Are Summed