You Run a Small Business Producing Picture Frames

question 51

Multiple Choice

You run a small business producing picture frames. This month your total cost is $10,000, your variable cost is $5,000, and your output is 5,000 picture frames. Given this information, your:

• A) average variable cost is $2.
• B) average total cost is $3.
• C) average total cost is $1.
• D) average fixed cost is $1.

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Definitions:

Sexually Transmitted Infection

An infection that is transmitted through sexual contact, caused by bacteria, viruses, or parasites.

Older Adults

Individuals who are in the later stage of their life, often defined as being aged 65 years and above, and may require specific healthcare considerations.

Sexual Functioning

The physical and psychological processes involved in sexual arousal, performance, and satisfaction.

Herpes

A group of viral infections causing sores and blisters on various parts of the body, primarily transmitted through contact.