If AFC Is $9 at a Quantity of Output of 100

question 175

Multiple Choice

If AFC is $9 at a quantity of output of 100 units,and ATC is $11 at the same quantity of output,it follows that

• A) marginal cost is $10.
• B) AVC is $200.
• C) total cost is $2,000.
• D) marginal cost is $100.
• E) none of the above

---

Definitions:

Breach of Warranty

Violation of the terms of a warranty agreement, where the goods or services provided fail to meet the standards or conditions promised.

Proximately Caused

An event sufficiently related to a legally recognizable injury to be considered the cause of that injury.

Breach of Warranty

A violation of the terms of a guarantee provided in a sales contract, where a product fails to meet the stated quality or standards.

Rescind Agreement

To revoke, cancel, or annul an agreement, legally undoing its terms and obligations.