Refer to the Following:
the Capital Stock Is Fixed at 5

question 21

Multiple Choice

Refer to the following:
The capital stock is fixed at 5 units, the price of capital is $60 per unit, and the price of labor is $20 per unit.

$$\begin{array} { c c } \text { units of } & \text { units of } \\\text { Labor } & \text { Output } \\\hline 2 & 10 \\4 & 26 \\0 & 46 \\8 & 60 \\10 & 72 \\12 & 80\end{array}$$
-If the firm produces 60 units of output, what is average variable cost?

• A) $5
• B) $7.67
• C) $20
• D) $57.50
• E) $2.67

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Definitions:

Relaxation Time

Periods allocated for rest and recovery, allowing individuals to reduce stress and recharge physically and mentally.

Treatment Goals

Specific objectives established within a therapeutic or medical context, aimed at achieving optimal outcomes for the patient or client’s health or well-being.

Remedial

Intended to correct or improve deficiencies, often used in educational or therapeutic contexts to describe interventions or teachings.

Salutary

Producing or intended to produce beneficial effects; healthful.