The Cost Function for Producing a New Book Is $C ( x ) = 8.5 x + 1200$

question 18

Multiple Choice

The cost function for producing a new book is $C ( x ) = 8.5 x + 1200$ . The average cost for producing this book is $\mathrm { A } ( x ) = \frac { C ( x ) } { x }$ . If 150 books are produced, what is the average cost of producing this book?

• A)$16.50
• B)$14.50
• C)$12.50
• D)$18.50

Understand the concept of emotional labour and its impact on job satisfaction.

Identify strategies to enhance job satisfaction and organizational citizenship behavior.

Comprehend the relationship between job satisfaction and job performance.

Know the predictors of job turnover and absence from work.

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Definitions:

Risk-Free Rate

The theoretical rate of return of an investment with zero risk, typically associated with government bonds.

Capital Allocation Line

A line on a graph that represents the risk-reward ratio of investments, showing the optimal portfolio mix between risk-free assets and risky assets.

Reward-to-Volatility Ratio

A measure of the return on an investment relative to its risk, often used to compare the performance of investment strategies.