Examlex

Solved

In the Sentence, "Get Me a Beer, If the Beer

question 4

Multiple Choice

In the sentence, "Get me a beer, if the beer is cold," a final "r" sound has been added explicitly to the end of the second "beer," so that it is pronounced "beea--riz." The word beer has been:


Definitions:

Average Fixed Cost

The fixed costs of production divided by the quantity of output produced, which decreases as more units are produced.

Output Level

The quantity of goods or services produced by a firm, industry, or economy in a given time period.

Profit-Maximizing Output

The level of production at which a firm achieves the highest possible profit.

Marginal Cost

The cost of producing one additional unit of a product or service.

Related Questions