Carson,which Uses the High-Low Method,reported Total Costs of $24 Per

question 16

Multiple Choice

Carson,which uses the high-low method,reported total costs of $24 per unit at its lowest activity level,when production equaled 10,000 units.When production doubled,at its highest activity level,the total cost per unit dropped to $15.Carson would estimate variable cost per unit as

• A)$9.
• B)$6.
• C)negative $9.
• D)negative $0.0009.

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Definitions:

Income Distribution

The way in which a nation’s total earnings are spread among its population, which can influence social and economic stability.

Country

A distinct territorial body or political entity recognized as an independent nation.

Tax-transfer Programs

Government initiatives that collect revenue through taxes to fund transfers of money to individuals or groups, often aimed at reducing poverty and inequality.

Agriculture Subsidies

Financial assistance provided by the government to farmers and agribusinesses to supplement their income and manage the supply of agricultural commodities.