A Firm Produces 400 Units of Output at a Total

question 226

Multiple Choice

A firm produces 400 units of output at a total cost of $1,200. If fixed costs are $200,

• A)average fixed cost is $2.
• B)average variable cost is $2.50.
• C)average total cost is $4.
• D)average total cost is $5.

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Definitions:

1-Propanol

A three-carbon alcohol with the formula CH3CH2CH2OH, commonly used as a solvent in the pharmaceutical industry.

IR Spectroscopy

A technique in analytical chemistry that identifies molecular structures through the absorption patterns of infrared radiation, useful in the identification of functional groups.

IUPAC Name

The universally accepted system of naming chemical compounds as determined by the International Union of Pure and Applied Chemistry, ensuring consistency and clarity.

N-Ethyl-N-Methylisobutyramide

A chemical compound, likely related to amides, which could be used in various organic syntheses but does not have a widely recognized application or definition under this specific name.