In the Above Figure,what Is the AVERAGE Variable Cost of Producing

question 85

Multiple Choice

In the above figure,what is the AVERAGE variable cost of producing 5 units of output?

• A)$12
• B)$20
• C)$40
• D)$60
• E)$80

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Definitions:

Biocolonialism

The exploitation and patenting of biological materials, often from indigenous communities, without consent or compensation.

Environmental Racism

The practice of situating industrial operations and waste disposal in minority communities leading to disproportionate environmental hazards and health risks.

Informal Rulemaking

The process used by federal agencies to develop regulations, involving a notice-and-comment period without the formalities of a trial-type proceeding.

Concise General Statement

A brief, comprehensive description that captures the essence or main points of a subject.