If Fixed Cost Is $5,000,and,at an Output of 3 Variable

question 134

Multiple Choice

If fixed cost is $5,000,and,at an output of 3 variable cost is $4,000,how much is average total cost at an output of 3?

• A)$1,333.33
• B)$3,000
• C)$4,500
• D)$9,000
• E)There is not enough information to determine ATC at an output of 3.

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Definitions:

Empowering

The process of delegating authority and responsibilities to employees, encouraging them to take initiative and make decisions.

Food Science

An interdisciplinary field that applies principles of microbiology, chemistry, and engineering to study food components, their behaviors, and the processes of food production and preservation.

Artificial Ingredients

Man-made substances used in processed foods to enhance flavor, appearance, or preservation but may not have nutritional value.

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The ability to anticipate future trends, challenges, or needs and prepare effectively for them, often essential for strategic planning and decision-making.