Use the Following to Answer Question

question 189

Multiple Choice

Use the following to answer question:
-(Table: Workers and Output) Use Table: Workers and Output.After graduation,you achieve your dream of opening an art shop that specializes in selling mud statues.You pay $10 per day on a loan from your uncle,regardless of how much you produce.You also pay $10 per day to each of the workers who you hire to make the mud statues.The variable cost of producing 25 statues is:

• A)$10.
• B)$20.
• C)$25.
• D)$35.

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Definitions:

Statute of Limitations

A statute that establishes the deadline by which legal cases must be filed after an incident occurs.

Discharge

The release or elimination of an obligation, such as a debt, under the law.

Contract

A legally binding agreement between two or more parties, typically involving the exchange of goods, services, money, or promises.

Duty

A moral or legal obligation; a responsibility that one is required to perform in a social, legal, or professional context.