The Capital Stock Is Fixed at 50 Units,the Price of Capital

question 82

Multiple Choice

The capital stock is fixed at 50 units,the price of capital is $30 per unit,and the price of labor is $25 per unit. $$\begin{array} { c c } \text { Output } & \begin{array} { c } \text { Average } \\\text { Variable Cost }\end{array} \\\hline 10 & \$ 40 \\20 & 30 \\30 & 45 \\40 & 60\end{array}$$ Given the above,if the firm produces 40 units of output,what is total variable cost?

• A)$1.50
• B)$60
• C)$100
• D)$2,400
• E)none of the above

Recognize the challenges and responses related to American navigation rights and economic policies under the Articles of Confederation.

Comprehend the role and responsibilities conferred by the Constitution on different branches of government and specific positions.

Reflect on key concepts like the large republic advantage theory, major Constitutional compromises, and foundational fiscal policies.

Understand the four conditions that arguments must meet to be considered worthy of acceptance.

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Definitions:

Organizational Unit

A specific department, division, or group within an organization, often defined by function or role.

Leader Behavior

Refers to the actions and conduct exhibited by a leader, influencing the group or organization's performance and culture.

Path-goal Theory

A leadership theory that suggests the leader's job is to assist followers in attaining their goals and to provide direction or support needed to ensure their goals are compatible with the organization's.

Situational Variable

An environmental or contextual factor that can affect the outcome of a situation or the behavior of individuals within it.