A Company Produces Toy Airplanes at a Variable Cost of $24

question 177

Multiple Choice

A company produces toy airplanes at a variable cost of $24 per toy. If 7090 toys are produced at a total variable cost of $170,160, the total variable cost at 4540 toys will be

• A)$170,160.
• B)$24.
• C)$108,960.
• D)$279,120.

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Definitions:

Generalizability

Generalizability is the extent to which research findings and conclusions can be applied to other settings, groups, or situations beyond the original study.

Research Findings

These are the outcomes or results obtained from conducting scientific studies, experiments, or research, which can contribute to the existing knowledge on a topic.

Interaction

Situation in which the effect of one independent variable on the dependent variable changes, depending on the level of another independent variable.

Generalized

The extension of findings from a sample to a larger population, making broader inferences.