If Fixed Costs Are $960, Variable Costs Are $1,440, and Output

question 96

Multiple Choice

If fixed costs are $960, variable costs are $1,440, and output is 12, then average total cost equals:

• A) $ 80.
• B) $100.
• C) $120.
• D) $200.

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Definitions:

Organic Methyl Molecules

Organic compounds containing a methyl group that are involved in numerous chemical reactions and biological processes.

Personality

The combination of characteristics or qualities that form an individual's distinctive character.

Identical Twins

Twins that develop from a single fertilized egg, sharing the same genetic material, and are also known as monozygotic twins.

Fraternal Twins

Twins born from two different eggs fertilized by two different sperm, resulting in siblings that are genetically unique from each other.