The Total Fixed Costs Are $10,000, and the Average Variable

question 88

Multiple Choice

The total fixed costs are $10,000, and the average variable cost per unit is $3. For a production volume of 10,000 units, the average cost per unit is

• A) $3.00
• B) $1.00
• C) $4.00
• D) $3.30
• E) $10.00

---

Definitions:

Effort

The physical or mental exertion applied in order to achieve something; often related to the intensity of work or study.

Outcome

An outcome is the result or effect of an action, decision, or situation, often analyzed to assess the success or failure of an endeavor.

Valence

In psychology, the value associated with a particular outcome or reward, influencing the motivation of an individual.

Expectancy

The belief or anticipation that a particular event or outcome will occur.