If average variable cost decreases as output increases, then:

A mortgage payment would most likely be identified as a: A: purely variable cost B: discretionary fixed cost C: committedfixed cost D: mixed cost

When a factory is operating in the short run, A: it cannot alter variable costs. B: total cost and variable cost are usually the same. C: average fixed cost rises as output increases. D: it cannot adjust the quantity of fixed inputs.

What type of cost is the supervisor salary cost, when one supervisor is needed for every ten employees added to the staff A: A fixed cost B: A variable cost C: A mixed cost D: A step cost

What type of cost is supervisor salary cost, where one supervisor is needed for every ten employees added to the staff? ( ) A: Variable cost B: Fixed cost C: Semi-variable cost D: Step cost

Grossprofit margin is the sales price minus the variable cost per unit.

The total cost (TC) of producing computer software diskettes (Q) is given as: TC = 200 + 5Q. What is the average variable cost?

For small quantities of output, average variable cost decreases as output increases due to:

A cost is described as staying the same over a certain activity range and then increasing but remaining stable over a revised activity range in the short term. What type of cost is this?? A semi-variable cost|A stepped fixed cost|A variable cost|A fixed cost

What type of cost is supervisor salary costs, where one supervisor is needed for every ten employees added to the staff? A: A fixed cost B: A variable cost C: A semi-variable cost D: A stepped fixed cost