Minimum total variable cost is associated with an order quantity Q = where is referred to as .

Question

Minimum total variable cost is associated with an order quantity Q =  where  is referred to as .

Quizplus · Accepted Answer

According to the statement, the minimum total variable cost is associated with an order quantity Q = 11ea5b87_524e_cd21_b2fd_15a9bbd41aa4_TB5948_11, which means that the total cost curve for variable cost is at its minimum point at this order quantity. The random string 11ea5b87_524e_f432_b2fd_b5fa40816172_TB5948_11 is referred to as something else and not related to the minimum total variable cost.

Minimum Total Variable Cost Is Associated with an Order Quantity