The Results from the Study in Q7 Are Displayed in the Table

question 3

Multiple Choice

The results from the study in Q7 are displayed in the table below.What do these results indicate?

• A)There are no effects.
• B)There is an interaction effect and no main effects.
• C)There are two main effects and no interaction.
• D)There are two main effects and an interaction.

---

Definitions:

Total Product

The overall quantity of output or goods produced by a firm or economy over a specific time period.

Total Fixed Cost

The overall amount of costs that are unaffected by production volume or output.

Average Total Cost

the total cost of production divided by the number of units produced, representing the cost per unit.