Assume Fixed Costs Are 470 and Labor Costs $20 Per

question 25

Multiple Choice

Assume fixed costs are 470 and labor costs $20 per unit. The first laborer produces 20 units of output. Subsequent hires add 5 units less to production than the previous worker. Thus the second worker adds 15, the third adds 10 etc. Which of the following is a true statement?

• A)At an output of 20 the total cost is $20.
• B)Average total cost at an output of 50 is 11.
• C)Average fixed cost is 10 when output is 45.
• D)Marginal cost keeps falling as the number of laborers hired increases.

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Definitions:

Editing Software

Computer programs used to modify digital content, such as text, images, or video.

Postproduction Process

The phase in film, video, or audio production that occurs after shooting or recording, involving editing, visual effects, and sound design.

B-roll Clip Footage

B-roll clip footage refers to supplemental video material that is intercut with the main shot in film and television production to add visual interest or context.

Framing

The way information is presented to the audience, which can influence perception and understanding.