Refer to the Information Provided in Table 8 $\text {Number of}$

question 126

Multiple Choice

Refer to the information provided in Table 8.2 below to answer the question(s) that follow.
Table 8.2 $\text {Number of}$

$\begin{array}{llllllll}\text {Earrings}&\text { TVC}&\text { MC }&\text {AVC}&\text { TFC }&\text {TC}&\text { AFC}&\text { ATC}\\\hline0 & & & & &100 & \\1 & & 50 & & & \\2 & & & & & &&95 \\3 & & & 46.67 & & \\4 & & & & &300 & \\5 & 270 & & &\\\hline\end{array}$

-Refer to Table 8.2. If Sherry produces four pairs of earrings, her average fixed costs are

• A) $4.
• B) $20.
• C) $25.
• D) $100.

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Definitions:

Describe

The act of giving a detailed account or explanation of the characteristics, properties, or attributes of something.

Predict

The act of making an educated guess about the future based on current knowledge, data, or patterns.

Influence

The capacity to have an effect on the character, development, or behavior of someone or something.

Sigmund Freud

An Austrian neurologist known for founding psychoanalysis, a method for treating psychopathology through dialogue between a patient and a psychoanalyst.