The Following Table Shows the Total Output, Number of Workers

question 113

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 average variable cost of producing 86 units of the good?

• A) $30
• B) $0.35
• C) $2.1
• D) $10

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Definitions:

Amino Acid

Organic compounds that serve as the building blocks of proteins, necessary for the structure, function, and regulation of the body's tissues and organs.

Glycogen

A complex carbohydrate stored in the liver and muscles, which can be broken down into glucose to provide energy.

Lactation

The production and secretion of milk by the mammary glands of postpartum females.

Oxytocin

A hormone and neurotransmitter involved in childbirth and lactation, also playing a significant role in behaviors like bonding and trust.