Average Fixed Cost Is

question 149

Multiple Choice

Average fixed cost is:

• A) total cost divided by the number of units produced over a given period.
• B) total fixed cost divided by the number of units produced over a given period.
• C) the price of a fixed factor of production.
• D) fixed cost divided by the number of units of a fixed input employed over a given period.

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Definitions:

Positive Discipline

A method of teaching and reinforcing good behaviors in the workplace or school settings, focusing on positive interactions rather than punishment.

Mutual Problem-solving

A collaborative approach to resolving disputes or workplace issues, where all parties involved work together to find a mutually satisfactory solution.

HR Department

The division within an organization that is focused on activities related to employees, including hiring, training, compliance, and benefits management.

Disciplinary Penalty

A form of punishment imposed by employers for violations of workplace rules or misconduct.