You Run a Business Producing Picture Frames

question 19

Multiple Choice

You run a business producing picture frames.This month,your total cost of production is $10 000,your variable cost of production is $6 000,and you produce 3 000 picture frames.It follows that the average _____ cost is _____.

• A) variable;$2
• B) total;$3
• C) total;$1
• D) fixed;$1

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Definitions:

Contribute To Society

The act of giving back to the community or society at large through various means such as volunteering, philanthropy, or participating in civic duties.

Child Labor

Refers to the employment of children in any work that deprives them of their childhood, interferes with their ability to attend regular school, and is mentally, physically, socially, or morally dangerous and harmful.

Mechanical Arts

Fields of study and occupation related to the design, construction, and operation of machinery or devices, often applied in engineering and manufacturing.

Low-Income Families

Households earning significantly less than the median income, often facing financial instability and limited access to basic needs and services.