Use the Following Scenario to Answer the Following Questions

question 91

Multiple Choice

Use the following scenario to answer the following questions:
Kareem owns a bike store.His total costs are $1.2 million per year,his variable costs are $750,000,and his fixed costs are $450,000 per year.Last year,Kareem sold 1,200 bikes.
-Kareem's average variable cost was ________ per bike.

• A) $375
• B) $625
• C) $1,000
• D) $2,000
• E) $600

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Definitions:

Fluid-Filled Areas

Regions within the body or an organ that contain liquid, often playing a role in various biological functions.

Thalamus

A crucial brain structure that acts as a relay station, processing and transmitting sensory and motor information to various parts of the brain.

Increased Risk

A higher likelihood of experiencing a specific undesirable outcome or event compared to the baseline or average.

Schizophrenia

Schizophrenia is a severe mental disorder characterized by distortions in thinking, perception, emotions, language, sense of self, and behavior.