A Firm's Average Total Cost Is $60, Its Average Variable

question 248

Multiple Choice

A firm's average total cost is $60, its average variable cost is $30, and its total fixed cost is $600. Its output is

• A) 20 units.
• B) 30 units.
• C) 40 units.
• D) 50 units.

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Definitions:

Hybridization

A concept in chemistry that describes the mixing of atomic orbitals to form new hybrid orbitals that can accommodate the pairing of electrons to form bonds.

Central Carbon

The carbon atom in an organic molecule that is bonded to four different groups, making it a chiral or stereo center.

Heat Of Hydrogenation

The heat released during the hydrogenation process, which involves adding hydrogen to an organic compound, typically to convert unsaturated bonds to saturated ones.

Compound

A concoction formed through the chemical union of two or more elements in determined proportions.