Table 212 At 20 Units of Output in Table 21

question 120

Multiple Choice

Table 21.2 $\begin{array}{|l|r|r|r|r|}\hline \text { Output (units per day) } & 0 & 10 & 20 & 30 \\\hline \text { Total cost (dollars per day) } & \$ 40 & \$ 54 & \$ 62 & \$ 80\\\hline\end{array}$

At 20 units of output in Table 21.2,the average variable cost is

• A)$1.10 per unit.
• B)$1.75 per unit.
• C)$2.00 per unit.
• D)$3.10 per unit.

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Definitions:

Marketing Program

A comprehensive plan that outlines marketing strategies, tactics, and actions to achieve business objectives.

Customer Value Proposition

A business or marketing statement that describes why a customer should buy a product or use a service, highlighting the distinct value.

Points of Difference

Unique attributes or benefits that set a product, service, or brand apart from its competitors in the eyes of the target market.

Competitive Substitutes

Products or services that can be used as replacements for another due to similarities in function or utility, creating options for consumers.