Find the Quantity Requested

question 70

Multiple Choice

Find the quantity requested. Round to the nearest whole number.
-A total of 156 seats were apportioned to 19 states in a certain country which has a total population of 8,977,808. Find the average number of people represented per seat in this country.

• A)57,550
• B)472,516
• C)3029
• D)1,093,451

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Definitions:

Variable Costs

Costs that change in proportion to the level of activity or volume of goods produced in a business.

Fixed Costs

Costs that do not vary with the level of production or business activity, such as rent or salaries.

Profitability

A measure of the efficiency and effectiveness of a company in generating profits from its operations.

Mixed Costs

Expenses that have both fixed and variable components, meaning part of the cost varies with the level of output while part remains constant.