The Data in the Table Is for a Firm in Which

question 9

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.As one reads down the AVC column,what is the pattern in the numbers?

• A)They continuously rise.
• B)They continuously fall.
• C)They fall until the fifth unit of labour used and then remain unchanged.
• D)They rise until the fifth unit of labour used and then remain unchanged.
• E)They fall until the fifth unit of labour used and then rise with the seventh unit of labour used.

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Definitions:

Print Layout

A view mode in word processors and desktop publishing software that shows how a document will appear when printed, including page margins and layout.

Document Window

The main working area in software applications where the content of the document or file is displayed and edited.

Mock Sheet

A preliminary layout or draft version of a spreadsheet used for planning or testing purposes.

Operating System

The primary software that manages computer hardware and software resources, providing common services for computer programs.