Final answer:
Cost assignment is the association of production costs with units produced, including average cost, average variable cost, variable costs, and marginal cost, but not fixed costs. Option a.
Step-by-step explanation:
The association of production costs with the units produced is known as cost assignment. This process plays a crucial role in business and accounting. Cost assignment encompasses a variety of costs measured on a per-unit basis, such as average cost, average variable cost, variable costs, and marginal cost.
Fixed costs are not measured on a per-unit basis because they do not vary with the number of units produced. Production technology refers to the methods or processes used to produce goods and services. It involves the combination of inputs, techniques, and the sequence of operations to produce a desired output.
In summary, when a firm produces higher quantities of output, the cost typically increases since this requires more inputs, which in turn cost more. This relationship between production and costs is critical to understand for effective business management. Option a.