Case-Based Critical Thinking Questions Case 5-1 Janet Is Studying Operating

question 16

Multiple Choice

Case-Based Critical Thinking Questions Case 5-1 Janet is studying operating systems as part of her Understanding Computers 101 class. After learning about the different types of operating systems, she realizes that she uses a number of them in her daily life. Janet has an Apple computer at home. The operating system of that computer is ____.

• A) Windows Vista
• B) Solaris
• C) Windows Embedded
• D) Mac OS

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Definitions:

AVC

Average Variable Cost, an economic metric reflecting the variable costs (such as labor and materials) per unit of output.

ATC

Average Total Cost, which is the sum of all production costs divided by the quantity of output produced, a critical factor in economic analysis of a company's efficiency.

Shut-down Point

The level of operation at which a firm's total revenue is equal to its total variable costs, below which it is more beneficial for a firm to cease production.

Average Variable Cost

The variable cost (cost that changes with production volume) divided by the quantity of output produced.