Unusually Important Characteristics That Help One Form an Initial Overall

question 36

Multiple Choice

Unusually important characteristics that help one form an initial overall impression of another individual are called _____ traits.

• A)primary
• B)cardinal
• C)central
• D)schematic

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Definitions:

ATC

The average total cost is defined as the total production cost divided by the quantity of produced output.

AVC

Average Variable Cost, which is the cost of labor, materials, or overhead that changes according to the level of production output.

MC

Marginal cost, the increase in total cost that arises from an extra unit of production, important for decision-making in production and pricing.

ATC

Average Total Cost; the total cost of production (fixed plus variable costs) divided by the total quantity of output produced, representing the average cost per unit of output.