Statement I: in the Short Run,when Output Is Zero,total Cost

question 198

Multiple Choice

Statement I: In the short run,when output is zero,total cost is zero.
Statement II: Average fixed cost plus average variable cost equals average total cost.

• A)Statement I is true and statement II is false.
• B)Statement II is true and statement I is false.
• C)Both statements are true.
• D)Both statements are false.

Comprehend the importance of effective training for recruiters, especially in campus recruitment contexts.

Evaluate the effectiveness of online games and other unconventional methods in employer branding.

Understand the role of skill inventories and HR information systems in succession planning and career path prediction.

Appreciate the impact of realistic job previews on turnover and job acceptance rates.

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Definitions:

Self-serving Bias

A cognitive bias that involves attributing successes to internal factors and failures to external factors to protect self-esteem.

Fundamental Attribution Error

The tendency to overestimate the influence of personality and underestimate the influence of situational factors when explaining others' behavior.

Self-disclosure

The act of revealing personal information, thoughts, or feelings to others, which can enhance relationship intimacy and trust.

Big Five Model

A theory in psychology that identifies five fundamental personality traits: openness, conscientiousness, extraversion, agreeableness, and neuroticism.