Suppose a Firm Is Producing 100 Units of Output,incurring a Total

question 41

Multiple Choice

Suppose a firm is producing 100 units of output,incurring a total cost of $10 000 and total variable cost of $6000.It can be concluded that average fixed cost is

• A)$40.
• B)$60.
• C)$100.
• D)$160.
• E)$4000.

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Definitions:

Company's Employees

Individuals who work under a contract of employment for a particular organization, contributing to its goals and objectives.

Multidomestic Stage

A phase in multinational corporation expansion where companies tailor products and marketing strategies to each country's unique tastes and requirements.

Ethnocentric Perspective

A viewpoint that one's own culture is superior to others and is the central point for all decision-making.

Training Evaluation

The assessment of the effectiveness and impact of training programs, aimed at understanding their efficacy in improving employee performance and achieving organizational goals.