If Fixed Costs Equal $120, Variable Costs Equal $800, and Output

question 100

Multiple Choice

If fixed costs equal $120, variable costs equal $800, and output is 10, average variable cost equals:

• A) $ 40.
• B) $ 80.
• C) $ 92.
• D) $120.

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Definitions:

Control Process

A method or procedure in automation or management used to direct, monitor, and regulate the behavior and operations of a system to achieve desired results.

Limit Switch

An electromechanical device used to detect the presence or absence of an object when it reaches a designated point.

Pressure Switch

A switch activated at a specified pressure.

Hardwired Relay Control

A control system that uses physical electrical connections and relays for controlling machinery or processes.