Critical Thinking Questions Case 7-2 Lynda, the Administrative Assistant to the Sales

question 64

Multiple Choice

Critical Thinking Questions Case 7-2 Lynda, the administrative assistant to the sales director, has just received a new slide show from the marketing department. Her boss is taking the slide show to an industry conference and plans to have it run unattended in the company's kiosk in the exhibit hall. Lynda sends you an e-mail asking for help preparing for a self-running presentation. Lynda first wants to know what feature to use to determine the length of time each slide should be displayed. You advise her to use the ____.

• A) self-running feature
• B) Format Painter feature
• C) rehearsal feature
• D) Background removal feature

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Definitions:

Average Variable Costs

The cost per unit of producing each good or service, excluding any fixed costs.

Average Total Costs

The total cost of production divided by the quantity of output produced, representing the cost per unit of output.

Total Variable Costs

The total of all costs that vary with the level of output, including expenses such as raw materials, labor, and utilities that increase as production expands.

Average Variable Cost

A firm’s total variable cost divided by output (the quantity of product produced).