Refer to the Information Provided in Table 8 $\text {Number of}$

question 232

Multiple Choice

Refer to the information provided in Table 8.6 below to answer the question(s) that follow.
Table 8.6 $\text {Number of}$
$\begin{array}{llllllll}\text {Earrings}&\text { TVC}&\text { MC }&\text {AVC}&\text { TFC }&\text {TC}&\text { AFC}&\text { ATC}\\\hline0 & & & & && \\1 & 10& & & & \\2 & & 5& & & &15& \\3 & & & & &55& \\4 & & &10 & & & \\5 & & & & &90&\\\hline\end{array}$


-Refer to Table 8.6. The marginal cost of the fourth unit is ________ and the average total cost of four units is ________.

• A) $5; $15
• B) $10; $22.50
• C) $15; $17.50
• D) indeterminate from the given information

---

Definitions:

Environmental Scan

The process of collecting and analyzing external and internal data to understand the market environment, including trends, opportunities, and threats.

Action Analysis

The process of examining and breaking down the actions required to achieve a particular goal or objective.

Situational Analysis

The process of identifying internal and external factors that can affect an organization's performance, often as a part of strategic planning.

Data Warehouse

A centralized repository of integrated data from one or more disparate sources, used for reporting and data analysis.