Answer:
The correct answer is A. The cost of a typical unit of output, if total cost is divided evenly over all the units produced
Explanation:
The average cost is the cost per unit of production, this is also called unit cost or average cost. It is called "average" since it is calculated by obtaining an average based on the fixed costs and variable costs of total production.
The average cost can be defined using a mathematical formula, basically it is calculated by dividing the total cost of production by the total amount of products available for sale per unit.
