The formula for average variable cost (AVC) is ? – McqOptions

MCQOPTIONS

1.	The formula for average variable cost (AVC) is ?
A.	DTVC/Dq
B.	DTVC/Dq
C.	Dq/DTVC
D.	TVC/q
Answer» E.

Discussion

No Comment Found

Related MCQs

<p> The short run, as economists use the phrase, is characterized by ?</p>
<p> The rate at which a firm can substitute capital for labour and hold output constant is the ?</p>
<p> The formula for average fixed costs is ?</p>
<p> Maximum profit can be shown on a diagram using ?</p>
<p> In contestable markets large oligopolistic firms end up behaving like ?</p>
<p> A price- and quantity-fixing agreement is known as?</p>
<p> Marginal revenue is ?</p>
<p> The kinked demand curve model of oligopoly assumes the elasticity of demand ?</p>
<p> In which of the following circumstances would a cartel be most likely to work ?</p>
<p> Suppose Handel’s Ice Cream experiences economies of scale up to a certain point and diseconomies of scale beyond that point. Its long-run average cost curve is most likely to be ?</p>