Use the Information Below to Answer the Following Questions

question 56

Multiple Choice

Use the information below to answer the following questions.
Fact 12.2.1 Chevy Volt Production Temporarily Shut Down
GM will temporarily lay off 1,300 employees as the company stops production of the electric car, Chevy Volt, for five weeks. GM had hoped to sell 10,000 Volts last year, but ended up selling just 7,671. It plans to maintain inventory levels by adjusting production to match demand.
Source: Politico, March 2, 2012
-Refer to Fact 12.2.1. GM will start producing the Chevy Volt again when price is greater than

• A)average variable cost.
• B)total variable cost.
• C)average fixed cost.
• D)total fixed cost.
• E)total cost.

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Definitions:

Technological Duties

Responsibilities or tasks that involve working with, managing, or developing technology and technological systems in various industries.

Line Managers

Managers directly responsible for overseeing the performance and productivity of employees in their department or division.

Job Incumbents

Individuals currently holding a particular job position within an organization.

Subordinate-Manager Ensembles

Groups or teams formed of managers and their direct reports within an organization, focusing on collaboration and performance.