question 11
Multiple Choice
Table 13-10
Teacher's Helper is a small company that has a subcontract to produce instructional materials for disabled children in public school districts. The owner rents several small rooms in an office building in the suburbs for $600 a month and has leased computer equipment that costs $480 a month.
Output (Instructional modules per month) 012345678910 Fixed Cost (Dollars) 1,0801,080 Variable Cost (Dollars) 4001,3501,9002,5004,1005,4007,300 Total Cost (Dollars) 14802,4304,28010,880 Marginal Cost (Dollars) 400450700 Average Fixed Cost (Dollars per unit) 216135 Average Variable Cost (Dollars per unit) 475980 Average Total Cost (Dollars per unit) 965
-Refer to Table 13-10. What is the average variable cost for the month if 6 instructional modules are produced?
Comprehend the decision-making process according to Act Consequentialists and the basis on which decisions are made.
Learn the steps involved in Utilitarian decision analysis, starting with the identification of relevant alternatives or outcomes.
Differentiate between the two basic forms of consequentialist theory.
Acknowledge Mill's approach to ethical questions through empirical investigation.
Definitions:
Stock Option Plans
Programs established by companies to give employees the right to purchase a specific number of the company's shares at a fixed price for a certain period of time.
Stock Appreciation Rights
A type of incentive or compensation mechanism provided to employees that gives the right to receive a bonus equivalent to the increase in the company’s stock price over a set period.
Compensatory
Refers to something intended to recompense or make up for a loss, injury, or inconvenience.
Stock Option Plan
A compensation strategy businesses use to grant employees the option to purchase company stock at a discounted price in the future.