Use the Table Below to Answer the Following Question

question 175

Multiple Choice

Use the table below to answer the following question.

What is the average total cost at an output level of four units?

• A)$1,200
• B)$1,400
• C)$1,500
• D)$2,000

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Definitions:

Syllogism Form

A logical structure that uses three statements to arrive at a conclusion, based on deductive reasoning.

Syllogism Validity

The measure of whether a syllogism (a form of logical argument that applies deductive reasoning to arrive at a conclusion) holds correct logical form and, thus, guarantees the truth of the conclusion if the premises are true.

Syllogism Validity

A measure of whether a syllogism (a form of reasoning in which a conclusion is drawn from two given or assumed propositions) logically follows from its premises.

Venn Diagram

A diagram using overlapping circles to illustrate the logical relationships between two or more sets of items.