-This Month, the Local Widget Factory Produced 100 Widgets

question 137

Essay

-This month, the local widget factory produced 100 widgets. The total variable cost of production was $500 and the average total cost of production was $8.
a) What is the total cost?
b) What is the total fixed cost?
c) What is the average fixed cost?
d) What is the average variable cost?

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Definitions:

Valium

A brand name for diazepam, a benzodiazepine used to treat anxiety, seizures, and muscle spasms, known for its calming effects.

Jumbled Thoughts

Disorganized thinking that is often illogical and hard to follow, typically a symptom of stress or mental health conditions.

Antipsychotic Drugs

Medications used to treat psychiatric conditions by altering brain chemistry, particularly useful in managing psychosis, including hallucinations and delusions.

Hallucinations

Perceptions in the absence of external stimuli that have qualities of real perception, often seen in psychiatric conditions like schizophrenia.