Based on a Telephone Survey of Parents in the United

question 44

Multiple Choice

Based on a telephone survey of parents in the United States, researchers found that between 4 and 17 years of age were diagnosed with ADHD between 2011 and 2012.

• A) 2.5 %
• B) 6%
• C) 9 %
• D) 11%

---

Definitions:

Total Output

Total output is the complete quantity of goods or services produced by an economy, firm, or production process within a specific period.

Marginal Cost

The additional cost incurred by producing one more unit of a product.

Average Variable Cost

The per unit cost of production excluding fixed costs, calculated by dividing the total variable costs by the quantity of output produced.

Short-Run Production

The period in which at least one input or factor of production is fixed, allowing firms to adjust only certain inputs to change output levels.