Christina Works for a State University

question 44

Multiple Choice

Christina works for a state university. She has been asked to speak on a new process for collecting research data. She believes in this new method and is excited to let others know about the value of such a method. She hopes her audience will understand the value she sees in the new method, and intends to propose its benefits to the audience. What unstated assumption can we make about the primary purpose of Christina's speech?

• A) It will be an informative speech.
• B) It will be a persuasive speech.
• C) It will be an unethical speech.
• D) It will necessarily be the first increment of her speech.

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Definitions:

Fixed Cost

A cost that does not change with an increase or decrease in the amount of goods or services produced or sold.

Marginal Cost

The escalation in the entire cost linked to the output of an additional unit.

Average Cost

The cost per unit is determined by dividing the overall production cost by the total units produced.

Average Total Cost

The total cost of production (fixed and variable costs combined) divided by the quantity of output produced.