In the Figure Above,the Wage Rate Is $600 and Total

question 90

Multiple Choice

In the figure above,the wage rate is $600 and total fixed cost is $15,000.What is average variable cost at its minimum?

• A)$3.75
• B)$30
• C)$0.94
• D)$28
• E)$2.80

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Definitions:

Positive Reinforcement

A stimulus which, when presented after a behavior, increases the likelihood of that behavior being repeated.

Lacrosse

A team sport in which players use a lacrosse stick and a ball, with the objective to score by shooting the ball into an opposing team's goal.

Skills

Skills are the learned abilities or competencies to perform tasks effectively and efficiently, whether cognitive, physical, or social.

Latent

Existing but not yet developed or manifest; hidden or concealed.