Given the Information in the Table, the Average Fixed Cost

question 54

Multiple Choice

Given the information in the table, the average fixed cost at 14 units of production is
$\begin{array}{|l|l|l|l|}\hline \boldsymbol{Q} & \boldsymbol{T C} & \boldsymbol{M C} & \boldsymbol{A V C} \\\hline 0 & 200 & - & - \\\hline 2 & 400 & & 100 \\\hline 5 & 600 & 66.67 & 80 \\\hline 9 & 800 & 50.00 & \\\hline 12 & 1000 & 66.67 & 66.67 \\\hline 14 & 1200 & 100 & 71.43 \\\hline 15 & 1400 & 200 & 80.00 \\\hline\end{array}$

• A) $92.86.
• B) $14.29.
• C) $85.71.
• D) $71.43.

Identify and explain major media legislation and its impact on media diversity and control.

Explain the concept of net neutrality and its significance in the digital age.

Differentiate between high culture and popular culture, and articulate changes in their perceptions over time.

Understand the role of censorship and self-regulation in media content.

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Definitions:

Separately Stated

Items on a partnership or S corporation tax return that must be reported separately on the owners' personal tax returns.

Taxable Dividend

A dividend paid to shareholders that is subject to income taxation.

Corporate Earnings And Profits

The measure of a corporation's ability to generate income over its costs and expenses within a specific period.

Return Of Capital

A payment to investors that returns some of their original investment, thus reducing the investor's cost basis in the investment.