Table 13-13 -Refer to Table 13-13.What Is Average Fixed Cost When Output

question 61

Multiple Choice

Table 13-13

-Refer to Table 13-13.What is average fixed cost when output is 40 units?

• A) $1.00
• B) $3.32
• C) $5.00
• D) $8.00

---

Definitions:

Stole

The past tense of steal, referring to the act of taking something without permission with the intent to permanently keep it.

Good Faith

Acting with honesty and sincerity without any intent to defraud or seek an unfair advantage.

Defective

Describing a product or good that fails to meet quality standards or does not function as intended.

Insufficient Funds

a situation where an account does not have enough money to cover a transaction, often leading to denied payments or penalties.