When Producing 8 Units of Output, Average Fixed Cost Is

question 52

Multiple Choice

When producing 8 units of output, average fixed cost is $12.50 and average variable cost is $81.25. Total cost at this output level is

• A)$93.75.
• B)$97.78.
• C)$750.
• D)$880.

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Definitions:

Cell Membrane

The semi-permeable membrane that surrounds the cell, controlling the movement of substances in and out of the cell.

Mesoderm

The mesoderm is the middle layer of an embryo in early development, which gives rise to muscles, bones, and much of the circulatory, reproductive, and excretory systems.

Ectoderm

The outermost layer of cells or tissue of an embryo in early development, giving rise to the skin and nervous system.

Placenta

An organ that develops in the uterus during pregnancy, providing oxygen and nutrients to the growing baby while removing waste.