The Following Table Shows the Total Output, Number of Workers

question 34

Multiple Choice

The following table shows the total output, number of workers employed, variable costs, and fixed costs of a firm.

-Refer to the table above.What is the total cost of producing 145 units of the good?

• A) $90
• B) $180
• C) $190
• D) $210

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Definitions:

Health Care

The maintenance or improvement of health via the prevention, diagnosis, treatment, recovery, or cure of illness, injury, and other physical or mental impairments in people.

Alternative Therapies

Health treatments not widely taught in medical schools, not generally used in hospitals, and typically not reimbursed by medical insurance companies.

Shareholders

Individuals or entities that own shares in a corporation, giving them partial ownership of the company and usually rights to dividends and voting on corporate matters.

HMOs

Health Maintenance Organizations; a type of health insurance plan that provides healthcare services to members through a network of doctors, hospitals, and other healthcare providers.