Question: Average cost (or average total cost) equals Group of answer choices a. Total cost minus total variable cost. b. Total fixed cost minus total variable

Average cost (or average total cost) equals

Group of answer choices

a. Total cost minus total variable cost.

b. Total fixed cost minus total variable cost.

c. Total fixed cost divided by output.

d. Total fixed cost minus total variable cost.

e. Total cost divided by output.

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