The Table Shows the Students from Genius High School with the Four

question 1

Multiple Choice

The table shows the students from Genius High School with the four highest GPAs from 2005 to
2007. Write the region(s) of the Venn diagram that would include Harry. (Note set represents
2005 top-ranked students, set represents 2006 top-ranked students, and set represents 2007
Top-ranked students.)

• A)Region II
• B)Region VI
• C)Region IV
• D)Region V

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Definitions:

Diseconomies

Circumstances where increasing the scale of production leads to higher per-unit costs, often due to inefficiencies gained at larger scales.

Average Total Costs

The average cost per unit is calculated by dividing the entire production cost by the quantity of units produced.

Total Fixed Costs

The sum of all costs that remain constant in total amount regardless of changes in the level of production or output.

Total Cost

The combined financial outlay for producing goods or services, covering both unchanging and varying expenses.