Scenario 13-5 A Certain Firm Produces and Sells Staplers. Last Year, It

question 219

Multiple Choice

Scenario 13-5
A certain firm produces and sells staplers. Last year, it produced 7,000 staplers and sold each stapler for $6. In producing the 7,000 staplers, it incurred variable costs of $28,000 and a total cost of $45,000.
-Refer to Scenario 13-5.In producing the 7,000 staplers,the firm's average variable cost was

• A)$2.
• B)$4.
• C)$6.
• D)$8.

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Definitions:

Stereotyping

The act of assigning generalized attributes to an individual or group based on perceived membership in a certain category or social group.

Stigma By Association

The prejudice and discrimination that individuals experience as a result of being closely connected to a stigmatized person or group.

Prejudice Contagion

Prejudice contagion describes the process by which prejudiced beliefs and attitudes can spread within a social network or community, often subtly and without explicit communication.

Attractive

Qualities or features that are appealing or pleasing to the senses.