A Firm's Average Variable Cost Is $60, Its Total Fixed

question 205

Multiple Choice

A firm's average variable cost is $60, its total fixed cost is $3,000, and its output is 600 units. Its average total cost is

• A) less than $58.
• B) between $58 and $62.
• C) between $62 and $64.
• D) more than $64.

---

Definitions:

Paradoxical Intentions

A therapeutic technique where clients are advised to intentionally engage in or exaggerate the behaviors or thoughts they wish to eliminate, leading to awareness and change.

Implosion

A psychological therapy technique where a person is intensely exposed to their fears or traumas in their imagination to reduce the related anxiety.

Reactive Inhibition

A psychological process where a previously learned response decreases in strength or frequency due to the repeated presentation of a stimulus, leading to fatigue or boredom.

Relaxation Training

A therapeutic technique focusing on teaching individuals methods to reduce stress and physical tension.