Question

The change in total cost resulting from a particular decision of the
firm is refer as _____.
A Opportunity cost
B Average cost
C Incremental cost
D Marginal cost​

Answer 1

Answer:

average cost

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Answer 2

(B) Average cost

The average cost is the normal cost of labor and products. At the point when we have numerous items to sell or purchase, of practically similar worth, the normal of these qualities will give the average cost rate. It helps retailers in the trading system. This cost is the per-unit cost of creation got by separating the absolute expense (TC) by the total yield (Q). By per unit cost of creation, we imply that all the fixed and variable expense is taken into thought for computing the average cost.