Refer to the Following

question 22

Multiple Choice

Refer to the following:

The wage rate is $600 and total fixed cost is $15,000.
-When there are 40 workers, what is average variable cost?

• A) $0.23
• B) $5.00
• C) $4.10
• D) $6.00
• E) $12.00

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Definitions:

Belonging

The feeling of being accepted and included within a social, professional, or community group.

Survival Needs

Basic requirements necessary for maintaining life, such as food, water, shelter, and safety.

Security Needs

Basic human necessities for physical and emotional safety and security.

Fulfillment Needs

Psychological or physical requirements essential for a person's well-being and satisfaction, often relating to Maslow's hierarchy.