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a. total cost divided by marginal cost.
b. total cost divided by total output.
c. total output times cost per unit.
d. total output times marginal cost.
....................... b. total cost divided by total output.
b. >>>>>>>>>>>>>>>>>>>>>>>>>>> total cost divided by total output.
My answer is also option (B)
Agree with the professional answers.........................
Average cost is equal to total cost divided by total output
B..................................................
Answer will be option ____________B
B
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Thanks
The answer is : Option ( B )