Which of the following cost behavior assumptions is false? (You may select morethan one answer.)a. Variable cost per unit increases as the activity increases.b. The average fixed cost per unit decreases as the activity increases.c. Total variable costs decrease as the activity decreases.d. Total fixed costs remain the same as the activity changes (within the relevant range).

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A: Below is the formula for marginal cost:

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A: Total cost is the cost that includes fixed cost as well as variable cost in the production process.

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A: What is the total cost when producing zero units.

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A:

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A: Note:  We’ll answer the first question since the exact one wasn’t specified. Please submit a new…

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A: Average variable cost(AVC), average total cost (ATC), and marginal cost(MC) all these curves are…

Q: Given the cost information below, answer the following questions. Output Total Cost $10.00 1 19.76 2…

A: Hi! thank you for the question but as per the guidelines, we answer up to three sub-parts. Kindly…

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A: Production function refers to the functional relationship between input and output.

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Q: FIGURE 7-3 $100 90- 80 70 60 50 主 40 30 20 10 1 2 3 4 5 6 7 8 9 10 Quantity of Output Refer to…

A: please find the answer below.

Q: If marginal cost is less than the average variable cost and output increases, average total cost…

A: Average variable cost(AVC) is the ratio of total variable cost(TVC) to output(Y). Average total…

Q: 2. Match the descriptions below to the appropriate concept: A. Economies of Scale B. Efficient Scale…

A:

Q: Given the Total Product indicated in Table 2, complete MFMI’s cost schedule including variable…

A: The variable cost can be calculated by using the following formula as follows: Variable cost=Total…

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A: Explicit cost is the actual monetary expenditure to run a business Implicit cost is the opportunity…

Q: ips is described in the table that follows -m's fixed costs equal $10,000 per day. Ca e average…

A: Computation with the help of following formula, AVC = VC/O ATC = TC/O AFC = FC/O VC = TC-FC…

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A: Average Total Cost The average total cost or average cost is the cost per unit of both fixed and…

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A: Note:- Since we can only answer one question at a time, we'll answer the first one. Please repost…

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A: The fixed cost is incurred whether an activity take place or not. The variable cost varies with the…

Q: Total variable cost as output increases, and total fixed cost as output increases. Select one O A.…

A: Total Fixed cost is the cost that is incurred on fixed factors and does not change with the level of…

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A: To sum up, marginal analysis is described as the cost of identifying the level of output at an…

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A: Average Cost(AC) is the cost of each unit that is evaluated by dividing Total Cost by the amount of…

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A: Total cost is the cost expenditure incurred on the production of the goods or services by the firm.…

Q: Answer the question on the basis of the following cost data. 13 Total Cost $24 3. 1. 48 2. 3. 54 4.…

A: Average total cost refers to per unit cost of production . It is estimated by dividing total cost by…

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A: Meaning of Cost: The term cost refers to the situation under which a firm occurs various expenses…

Q: Refer to the information provided in the Figure below to answer the question(s) that follow. Cost…

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Q: The shape of the long-run average cost curve is primarily due to: O economies and diseconomies of…

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Q: The variable cost per unit varies with output, whereas the fixed cost per unit is constant." Do you…

A: Total variable cost (TVC) is the total cost component that changes with a change in output, so AVC =…

Q: Answer the question on the basis of the following cost data. Output Total Cost $ 24 1 33 2 41 3 48…

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Q: If marginal cost is less than the average variable cost and output increases, average total cost…

A: Total cost is the sum of total variable cost and total fixed cost. Total variable cost changes with…