The Following Data Show the Total Output for a Firm

question 1

Multiple Choice

The following data show the total output for a firm when different amounts of labour are combined with a fixed amount of capital.Assume that the wage per unit of labour is $10 and the cost of the capital is $50.
TABLE 7-3
-Refer to Table 7-3.The average total cost when producing 90 units of output is approximately

• A)27 cents.
• B)30 cents.
• C)33 cents.
• D)89 cents.
• E)$26.67.

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Definitions:

Pyrimidine Base

A nitrogenous base that is one of the components of nucleic acids, including cytosine, thymine (in DNA), and uracil (in RNA).

Two Rings

Refers to the molecular structure characteristic of certain organic compounds, notably purines and certain types of aromatic hydrocarbons, consisting of two connected rings of atoms.

DNA Sequences

The order of nucleotides (adenine, thymine, cytosine, and guanine) in a segment of DNA, determining genetic information.

Twins

Two offspring born from the same pregnancy. Twins can be identical (monozygotic), meaning they develop from one zygote that splits and forms two embryos, or fraternal (dizygotic), meaning they develop from two different eggs fertilized by two different sperm.