The Table Given Below Shows the Average Total Cost of Production

question 82

Multiple Choice

The table given below shows the average total cost of production of a firm at different levels of the output. Table 21.5
Refer to Table 21.5.At what level of production will the average total cost curve intersect the marginal cost curve?

• A)3 units
• B)2 units
• C)zero units
• D)5 units
• E)4 units

---

Definitions:

Primary Reinforcer

A stimulus that satisfies basic survival needs and is naturally reinforcing, such as food, water, or sleep.

Secondary Reinforcer

A stimulus that has become rewarding through its association with a primary reinforcer, which does not inherently satisfy a biological need.

Shaping

A method of training by which successive approximations towards a desired behavior are reinforced.

Fixed Interval

In the context of operant conditioning, a schedule of reinforcement where rewards are delivered at fixed time intervals, provided the correct response is made.