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sammy [17]
2 years ago
15

What is the definition of average variable cost? Multiple choice question. Total variable cost divided by output (Q) Total varia

ble cost divided by total fixed cost (TFC) Total variable cost divided by change in output (Q) Total variable cost divided by marginal cost (MC)
Business
1 answer:
babunello [35]2 years ago
5 0

The definition of average variable cost is total variable cost divided by output (Q).

<h3>What is an average variable cost?</h3>

This refers to a firm's variable costs such as labor, electricity divided by the quantity of output produced.

Hence, it is also defined as total variable cost divided by output (Q).

Therefore, the Option A is correct.

Read more about average variable cost

<em>brainly.com/question/25325504</em>

#SPJ1

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