If There Are No Fixed Costs and Variable Costs Are

question 79

Multiple Choice

If there are no fixed costs and variable costs are constant at $1.00 per unit over the relevant range of output,what is marginal cost when 1 unit of output is produced?

• A)$0
• B)$0.50
• C)$1
• D)$2

Recognize the tax implications for employees receiving stock options as part of performance incentives.

Distinguish between monetary and nonmonetary rewards and their implications.

Understand the criteria for viability and implementation hurdles for gain-sharing plans.

Comprehend the contexts in which profit-sharing is most typically applied.

---

Definitions:

Creative Aspect

An element of thought or action that involves innovation, originality, and the ability to generate novel ideas or solutions.

Stereotype Vulnerability

The risk of confirming negative stereotypes about one's social group can impact an individual's performance and behavior.

Standardized Intelligence Test

A psychometric test designed to measure human intelligence through a set of standardized tasks or questions.

Stigmatized Group

A social group that experiences discrimination or disapproval based on characteristics that distinguish them from other members of society.