When a Firm Produces 1000 Widgets with Total Cost of $2000

question 87

Multiple Choice

When a firm produces 1000 widgets with total cost of $2000 and fixed cost of $1000,what is the average variable cost?

• A) $2
• B) $1
• C) $0.5
• D) $0.2

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Definitions:

Memory Cells

Immune cells that are formed following an initial immune response and remain in the body, ready to mount a faster and more effective response upon re-exposure to the same antigen.

Specific Immune Responses

See adaptive immune responses. NEW_G

Innate Immunity

The first line of defense in the body's immune system, comprising physical, chemical, and cellular defenses against pathogens that are present from birth.

Cell-Mediated Immunity

A component of the immune system that involves the activation of certain immune cells to defend the body against pathogens.