-Refer to Table 10-3

question 100

Multiple Choice

-Refer to Table 10-3. What is its average variable cost of production at its optimal output level?

• A) $0 (because its optimal output = 0)
• B) $15
• C) $14.75
• D) $29

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Definitions:

Curiosity

A strong desire to learn or know something, often driving exploration and investigation.

Motive State Excitement

The arousal or stimulation of a particular motivational state, leading to increased activity or response.

Need for Stimulation

is a psychological concept suggesting that individuals seek experiences and situations that offer sensory or cognitive stimulation.

Exploratory Drive

is the innate drive or motivation behind exploration and discovery, prompting individuals to seek new information, experiences, or environments.