Ernie's Earmuffs Produces 200 Earmuffs Per Year at a Total

question 93

Multiple Choice

Ernie's Earmuffs produces 200 earmuffs per year at a total cost of $2,000 and $400 of this cost is fixed. What is Ernie's average total cost?

• A) $12
• B) $10
• C) $8
• D) $2

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Definitions:

Groupthink

A phenomenon in decision-making where the desire for consensus in a group leads to uncritical acceptance of ideas, suppressing dissent and leading to suboptimal outcomes.

Avoid Groupthink

Encouraging diversity of thought in teams to prevent the occurrence of poor decision-making stemming from a desire for harmony.

Clear And Elevating Goal

A well-defined objective that is inspiring and motivates individuals or teams to achieve higher performance.

External Support

Assistance or resources provided by entities or individuals outside an organization, often to help in achieving goals or overcoming challenges.