Citrus,Inc

question 67

Multiple Choice

Citrus,Inc.used the high-low method to estimate that its fixed costs are $210,000.At its low level of activity,100,000 units,average cost was $2.60 per unit.What would Citrus predict its average cost per unit to be when production is 200,000 units?

• A)$1.05
• B)$1.55
• C)$2.60
• D)$5.20

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Definitions:

Audit Studies

Research methods that use trained researchers to test compliance with legal or moral directives by presenting as customers, tenants, or job seekers.

Overt Racism

Explicit and openly displayed acts of racial prejudice and discrimination.

Laissez-Faire Racism

A form of racial bias that manifests through indifference or non-intervention in matters of racial inequality, effectively perpetuating discrimination.

Colorblind Racism

The ideology that disregards racial characteristics when evaluating an individual, potentially ignoring systemic inequalities.