Exhibit 21-11 Refer to Exhibit 21-11

question 145

Multiple Choice

Exhibit 21-11 Refer to Exhibit 21-11. Average variable cost at two units of output is

• A)$50.
• B)$60.
• C)$100.
• D)$110.
• E)There is not enough information provided to answer this question.

---

Definitions:

Congressional Powers

Congressional powers are the legal authorities granted to the United States Congress by the Constitution, including lawmaking, taxation, and oversight functions.

Article II

Often refers to the second Article of the U.S. Constitution, which outlines the executive branch of the government, or may refer to similarly numbered sections of other legal documents.

Execute Laws

The process by which government officials enforce and implement statutes and regulations.

President Power

The legal and constitutional authorities granted to the President by the Constitution, legislation, and historical practice.