Answer the Question on the Basis of the Accompanying Table $$\begin{array} { c r } \text { Output } & \text { ATC } \\\hline 1 & \$ 40 \\2 & 27 \\3 & 29 \\4 & 31 \\5 & 38\end{array}$$

question 159

Multiple Choice

Answer the question on the basis of the accompanying table that shows average total costs (ATC) for a manufacturing firm whose total fixed costs are $10: $$\begin{array} { c r } \text { Output } & \text { ATC } \\\hline 1 & \$ 40 \\2 & 27 \\3 & 29 \\4 & 31 \\5 & 38\end{array}$$ Refer to the data.The marginal cost of the fourth unit of output is:

• A) $2.
• B) $12.
• C) $37.
• D) $16.

Compare and contrast different theories of cognitive development, including Piagetian theory and cultural-context perspectives.

Understand how children’s causal reasoning evolves, including the ability to match causes with domains appropriately.

Acknowledge the unevenness of development in early childhood and the role of scripts in this process.

Understand the key elements and processes involved in effective communication between salespersons and buyers.

---

Definitions:

Competitive Retailing

The practice of offering goods in a retail market in a way that is competitive in terms of price, quality, and service.

Customer Service

The support companies offer to their customers before, during, and after purchasing or using their products or services.

Exclusive Distribution

Distribution strategy involving limited market coverage by a single retailer or wholesaler in a specific geographical territory.

Luxury Automobiles

High-end vehicles that offer superior comfort, performance, and amenities, often characterized by their higher price points and status symbol.