The Data in the Table Is for a Firm in Which

question 14

Multiple Choice

The data in the table is for a firm in which labour is the only variable cost and each unit of labour costs the same regardless of how many units are bought.

-Refer to the information above to answer this question.What are the missing numbers for MP in the third column?

• A)12,20,10,5 and 0.
• B)12,25,5,0 and -5.
• C)28,50,28.6,42.6 and 58.6.
• D)12,50,28.6,43.6 and 58.6.
• E)28,25,10,5,and 0.

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Definitions:

Diversified

The process or state of becoming varied in character or form, often used in reference to investment portfolios or ecological variety.

Epoch

A division of geological time that is smaller than a period and is marked by distinctive features, events, or life forms.

Quaternary

The most recent period in the Earth's history, starting around 2.58 million years ago and continuing to the present day.

Cenozoic

The current geological era, beginning about 66 million years ago, characterized by the dominant emergence of mammals.