-Refer to the Above Table

question 345

Multiple Choice

-Refer to the above table. At an output of 5 units, average total costs are

• A) $18.
• B) $19.
• C) $37.
• D) $185.

---

Definitions:

Payment Of Dividends

The allocation of part of a corporation's profits to its shareholders, as decided by the corporation's board of directors.

Financing Activities

This term refers to transactions and events through which a business raises funds to operate and expand, such as issuing debt or selling equity.

Purchase Of Equipment

The acquisition of equipment that a business requires for its operations, treated as a capital expenditure.

Investing Activities

Transactions and events that involve the purchase and sale of long-term assets and other investments, not directly related to the entity's normal line of business.