Question: Average total cost equals Select one: a . fixed cost divided by the output level. b . the change in total cost divided by the

Average total cost equals
Select one:
a. fixed cost divided by the output level.
b. the change in total cost divided by the change in the output level.
c. total cost divided by the output level.
d. none of the above.
e. variable cost divided by the output level.
Average total cost equals Select one: a . fixed

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