On the Crossover Chart Where the Costs of Two or More

question 2

Multiple Choice

On the crossover chart where the costs of two or more location alternatives have been plotted,the quantity at which two cost curves cross is the quantity at which:

• A)fixed costs are equal for two alternative locations.
• B)variable costs are equal for two alternative locations.
• C)total costs are equal for all alternative locations.
• D)fixed costs equal variable costs for one location.
• E)total costs are equal for two alternative locations.

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Definitions:

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Privilege

A set of unearned benefits or advantages accorded to individuals or groups based on certain aspects of their identity, such as race, gender, or socioeconomic status.

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An educational institution that is privately funded, highly regarded for its academic excellence, and often exclusive in its admissions.

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Refers to a specific physical point on the Earth's surface defined by coordinates, such as latitude and longitude.