(Figure: Total Cost and Quantity of Output VI) Answer the Following

question 3

Multiple Choice

(Figure: Total Cost and Quantity of Output VI) Answer the following question.
At an output level of 4, the total cost is $____.

• A) 9
• B) 3
• C) 2.25
• D) 1

---

Definitions:

Caste System

A traditional social system in certain societies where people are divided into distinct ranks and classes from which it is difficult or impossible to move from one class to another.

Salaries

Periodic payments made by employers to employees, usually monthly or biweekly, in return for the performance of work.

Income

The money received, typically on a regular basis, for work or through investments.

Government Assistance

Programs or financial aid provided by the government to individuals, businesses, or other entities in need of support.