-The Table Above Gives a Firm's Total Product Schedule

question 6

Multiple Choice

-The table above gives a firm's total product schedule. Suppose labour is the only variable factor of production. The price of labour is $500 per worker per week and total fixed costs are $600 per week. If 95 units are produced, the average total cost is

• A) $6.31.
• B) $26.32.
• C) $17.45.
• D) $32.63.

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Definitions:

Erectile Dysfunction

A condition marked by the inability to achieve or maintain an erection suitable for sexual intercourse.

Diabetes

(1) One of the most common diseases of childhood. It is characterized by high levels of glucose in the blood as a result of defective insulin production, ineffective insulin action, or both. (2) Disease in which the body does not produce or properly use insulin, a hormone that converts sugar, starches, and other foods into energy needed for daily life.

Heart Disease

A range of conditions affecting the heart or blood vessels, often associated with atherosclerosis, hypertension, or genetic factors.

Alcohol Consumption

The act of drinking beverages containing ethanol, which can range from moderate to excessive intake.