Below Are Some Cost Data Pertaining to Plant 1,which Has

question 46

Multiple Choice

Below are some cost data pertaining to Plant 1,which has total fixed costs of $1,000.Suppose that Plant 2 is exactly twice the size of Plant 1 while using (at economic capacity) twice the amount of labour and materials,and that it produces exactly twice the output.Further,assume that the prices of these inputs do not change.

-Refer to the information above to answer this question.What is the total cost of producing an output of 60 in Plant 2?

• A)$7,000.
• B)$9,000.
• C)$15,000.
• D)$24,500.
• E)$30,000.

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Definitions:

Sublingual

Pertaining to administration under the tongue, often used for rapid absorption of medications into the bloodstream.

Medication Order

A directive, usually written by a healthcare provider, that instructs on the dosage, route, and frequency of a medication administered to a patient.

Quantity Sufficient

A term used in prescriptions and recipes to indicate that the amount should be enough to achieve the desired effect or result.

Abbreviation

The shortened or contracted form of a word or phrase, used to save space or avoid repetition.