-Anna Owns a Dog Grooming Salon in Brunswick,Georgia

question 133

Multiple Choice

-Anna owns a dog grooming salon in Brunswick,Georgia.The above table has Anna's total product schedule.Anna pays each worker $300 per week and she pays rent of $600 a week for her salon.These are her only costs.When Anna has a staff of 2 workers,her average fixed cost equals

• A) $600.
• B) $6.00.
• C) $7.50.
• D) $10.00.
• E) $2,400.

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Definitions:

Independent Variables

Factors in a study or simulation that are altered or categorized to examine their impact on outcome variables.

Multiple Regression Model

A mathematical method that employs multiple explanatory factors to forecast the result of a dependent variable.

Increase

A rise in the size, amount, or degree of something.

Constant

A value that does not change in the context of a mathematical equation or statistical model.