Table 212 At 30 Units of Output in Table 21

question 140

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 30 units of output in Table 21.2,the total variable cost is

• A)$30.
• B)$40.
• C)$50.
• D)$80.

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Definitions:

Earnings Rate

The rate at which an investment or savings account generates income over a specific period of time.

Net Present Value

A financial metric that estimates the profitability of investments by calculating the difference between the present value of cash inflows and outflows over a period of time.

Capital Investment Proposals

Capital investment proposals are plans or suggestions submitted for consideration to undertake significant spending on projects expected to generate future returns.

Expected Future Net Cash Flows

The projection of cash receipts minus cash payments over a future period, considering all expected future transactions.