Answer the Question on the Basis of the Following Cost

question 85

Multiple Choice

Answer the question on the basis of the following cost data. $\begin{array} { | c | c | c | } \hline \text { Output } & \text { Average Fixed Cost } & \text { Average Variable Cost } \\\hline 1 & \$ 50.00 & \$ 100.00 \\\hline 2 & 25.00 & 80.00 \\\hline 3 & 16.67 & 66.67 \\\hline 4 & 12.50 & 65.00 \\\hline 5 & 10.00 & 68.00 \\\hline 6 & 8.37 & 73.33 \\\hline 7 & 7.14 & 80.00 \\\hline 8 & 6.25 & 87.50 \\\hline\end{array}$ The marginal cost curve would intersect the average variable cost curve at about

• A) 2 units of output.
• B) 4 units of output.
• C) 6 units of output.
• D) 7 units of output.

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Definitions:

Kin Ties

Relationships and bonds formed between family members or relatives.

Romantic Love

A complex emotional and often passionate feeling of attraction and attachment towards a partner, typically characterized by a desire for a close and exclusive relationship.

Long-Term Love

A deep and enduring affection maintained between partners over an extended period, often characterized by mutual respect, commitment, and companionship.

Theories of Love

Various psychological and social explanations that describe how and why people experience love in different forms and relationships.