Answer the Question on the Basis of the Following Cost

question 214

Multiple Choice

Answer the question on the basis of the following cost data. $\begin{array}{|c|c|}\hline \text { Output } & \text { Total Cost } \\\hline 0 & \$ 24 \\\hline 1 & 33 \\\hline 2 & 41 \\\hline 3 & 48 \\\hline 4 & 54 \\\hline 5 & 61 \\\hline 6 & 69 \\\hline\end{array}$ The average fixed cost of producing 3 units of output is

• A) $8.
• B) $7.40.
• C) $5.50.
• D) $6.

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Definitions:

Occupation

The job or profession that a person engages in to earn a living or fulfill a role in society.

Career Development

The progression and growth of an individual's professional life, often involving training, education, and various roles.

Career Path

The progression or sequence of jobs and roles that a person undertakes throughout their working life.

Occupation

Refers to a person's job or profession, typically used to categorize and describe a specific set of job roles or industries.