Use the Table Below to Answer the Following Questions

question 76

Multiple Choice

Use the table below to answer the following questions.
Table 11.2.3
-Refer to Table 11.2.3 which gives the total cost schedule for Brenda's Balloon Shop,a perfectly competitive firm.The average variable cost of producing the 1st balloon is

• A)$1.00.
• B)$4.00.
• C)$2.00.
• D)$4.80.
• E)$3.00.

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Definitions:

Conservation

The preservation and protection of natural resources, environments, and wildlife.

Object Permanence

The understanding that objects continue to exist even when they cannot be seen, heard, or otherwise sensed, a concept developed in infancy.

Irreversibility

The concept that some processes or actions cannot be undone or reverted to their original state.

Assimilation

The process by which new information is taken in and incorporated into one's existing cognitive structures and schemas.