Ponszko Nursery Used High-Low Data from June and July to Determine

question 148

Multiple Choice

Ponszko Nursery used high-low data from June and July to determine its variable cost of $12 per unit.Additional information follows: $\begin{array}{llr}\text { Month }&\text { Units produced }&\text { Total costs }\\\text { June } & 2,000 & \$ 32,000 \\\text { July } & 1,000 & 20,000\end{array}$ If Ponszko's produces 2,300 units in August, how much is its total cost expected to be?

• A)$8,000
• B)$39,600
• C)$27,600
• D)$35,600

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Fewest Resources

Fewest resources refer to possessing the minimal amount of materials, finances, or assets necessary for achieving a specific goal or maintaining a standard of living.

Socialism

A political and economic theory advocating for collective or governmental ownership and administration of the means of production and distribution of goods.

Social Class

The division of society based on social and economic status.

Environmental Hazards

Potential sources of danger to people's health or well-being arising from the environment, including chemical, biological, and physical threats.