Complete Table 21 $$\text { Table } 21.5$$ The Total Variable Cost of 2 Units of Output in }

question 71

Multiple Choice

Complete Table 21.5:
$$\begin{array}{l}\begin{array} { l ll l l l } Q&TFC&TVC&TC&AVC&MC\\0&\_\_\_\_\_&\_\_\_\_\_&15&--&--\\1&\_\_\_\_\_&\_\_\_\_\_&23&\_\_\_\_\_&\_\_\_\_\_\\2&\_\_\_\_\_&\_\_\_\_\_&\_\_\_\_\_&\_\_\_\_\_&4\\3&\_\_\_\_\_&15&\_\_\_\_\_&\_\_\_\_\_&\_\_\_\_\_\end{array}\end{array}$$
$$\text { Table } 21.5$$ The total variable cost of 2 units of output in Table 21.5 is

• A) $15.
• B) $27.
• C) $8.
• D) $12.

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Definitions:

Heritability

A measure in genetics that quantifies how much of the variation in a specific trait within a population can be attributed to genetic factors.

Trait

A characteristic way of thinking, feeling, or behaving that is consistent across time and situations.

Individual Differences

Differences in psychological characteristics, behaviors, and physical reactions among individuals.

Humanistic

A psychological perspective emphasizing empathy and the good in human behavior, focusing on self-improvement, free will, and the unique individual experience.