A Business Produces 10 Pairs of Eyeglasses

question 86

Multiple Choice

A business produces 10 pairs of eyeglasses.It incurs $35 in average total cost and $5 in average fixed cost.The average variable cost of producing 10 pairs of eyeglasses is:

• A)$30.
• B)$35.
• C)$50.
• D)$300.

Recognize the economic and political considerations in implementing income redistribution policies.

Comprehend the role of marginal utility in income redistribution and its effect on total utility.

Analyze the ethical implications of providing basic necessities to all members of a society.

Understand the mechanisms of progressive and proportional income tax systems.

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Definitions:

Multifactor Authentication

A security system requiring more than one method of authentication from independent categories of credentials to verify the user's identity.

Password/PIN

Security measures used to protect access to devices and accounts, consisting of a secret series of characters (password) or numbers (PIN) known only to the user.

Smart Card

A small ID-size card that can store data, be encrypted, and swiped through and/or interact wirelessly with a smart card reader. Examples of smart cards are identification, medical, credit, and access card.

Spear Phishing

A targeted attempt to steal sensitive information through email by pretending to be a trusted entity, aiming specifically at an individual or organization.