Answer the Question on the Basis of the Following Cost

question 19

Multiple Choice

Answer the question on the basis of the following cost data: $$\begin{array} { c c c } &&\text { Total } \\\text { Output }&&\text { Cost }\\\hline0 & & \$ 24 \\1 & & 33 \\2 & & 41 \\3 & & 48 \\4 & & 54 \\5 & & 61 \\6 & & 69\end{array}$$ Refer to the data.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:

Expectancy

In the context of motivation, it is the belief that one's effort will result in attainment of desired performance goals.

Instrumentality

In the context of motivation, the belief that a particular level of performance will lead to the attainment of desired outcomes.

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.