At Its Current Output Level, Pretty Flowers Florist Has Average

question 54

Multiple Choice

At its current output level, Pretty Flowers Florist has average total costs equal to $8.40 and average variable costs equal to $5.40. What is Pretty Flowers Florist's average variable cost at their current output level?

• A)$8.40
• B)$3.40
• C)$3.00
• D)$5.40

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Definitions:

Negative Reinforcement

A behavior modification technique that increases the likelihood of a behavior by removing or avoiding a negative outcome or stimulus.

Undesirable Consequence

Negative outcomes or punishments associated with a specific action or behavior, which function to decrease the likelihood of the behavior reoccurring.

Behaviour

The actions or reactions of a person or object in response to external or internal stimuli.

Positive Reinforcement

A technique used to encourage desired behavior by offering rewards or incentives when the behavior is demonstrated.