-Refer to the Above Table

question 60

Multiple Choice

-Refer to the above table. What is AVC at an output of 2 units?

• A) $7
• B) $16
• C) $45
• D) $61

---

Definitions:

Total Liabilities

The combined amount of all financial obligations a company owes to external parties, including loans, bonds payable, and accounts payable.

Current Ratio

A financial metric assessing a firm's capacity to settle short-term debts or obligations due within a year, determined by dividing its current assets by its current liabilities.

Dividend Yield Ratio

A financial ratio that shows how much a company pays out in dividends each year relative to its stock price.

Common Stock

A type of equity ownership in a corporation, representing a claim on a portion of its assets and earnings.