The Following Table Shows the Cost of Producing Different Units

question 79

Multiple Choice

The following table shows the cost of producing different units of ball point pens by a firm.Table 8.1

-Refer to Table 8.1. What will be the average fixed cost of producing five ball point pens?

• A)$2
• B)$5
• C)$4
• D)$3.33
• E)$10

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Definitions:

Performance Ratings

Assessments of an employee's job performance, often used for feedback, development, and decisions about promotions or raises.

Merit Pay

A compensation strategy that involves giving employees pay increases based on their performance achievements, as an incentive for productivity and excellence.

Effective Career Planning

A strategic approach to identifying one's career goals and outlining the steps and resources necessary to achieve them.

Workforce

The collective group of individuals engaged in or available for work, either in a specific company or in a country.