LL Company Produces and Sells a Product That Has Variable

question 40

Multiple Choice

LL Company produces and sells a product that has variable costs of $9 per unit and fixed costs of $200,000 per year.If production decreases from 50,000 to 40,000 units,the cost per unit will ________.

• A)increase by $1
• B)increase by $13
• C)decrease by $1
• D)decrease by $14

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Definitions:

Factorial Designs

Experimental setups that allow researchers to examine the effects of two or more independent variables simultaneously on a dependent variable.

Independent Variables

The variables manipulated or changed in an experiment to explore their effects on the dependent variable.

Interactive Effects

The combined effects of two or more independent variables on a dependent variable that are not simply additive.

Between-Groups Design

An experimental design where different groups of participants are exposed to different treatments or conditions and compared.