A Firm's Average Total Cost Is $80, Its Average Variable

question 42

Multiple Choice

A firm's average total cost is $80, its average variable cost is $75, and its output is 50 units. Its total fixed cost is

• A) less than $100.
• B) between $100 and $200.
• C) between $200 and $300.
• D) more than $300.

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Definitions:

Psychoanalysis

A set of theories and therapeutic techniques related to the study of the unconscious mind, which together form a method of treatment for mental disorders, developed by Sigmund Freud.

Sigmund Freud

A neurologist from Austria who established psychoanalysis, a therapeutic approach that addresses mental disorders by facilitating conversations between a psychoanalyst and the patient.

Alfred Adler

An Austrian medical doctor and psychotherapist known for founding the school of individual psychology, which emphasizes the uniqueness of the individual and the role of societal factors in shaping personality.

Insight Therapies

Psychological treatments that involve verbal interactions intended to enhance clients' self-knowledge and thus promote healthful changes in personality and behavior.