The Following Table Shows the Cost of Producing Different Units

question 74

Multiple Choice

The following table shows the cost of producing different units of ball point pens by a firm. Table 21.1
Refer to Table 21.1.What will be the average fixed cost of producing five ball point pens?

• A)$2
• B)$5
• C)$4
• D)$3.33
• E)$10

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Definitions:

Intelligence

The ability to learn from experience, solve problems, and adapt to new situations.

Solidarity Variables

Factors that foster unity and agreement within a group, often influenced by shared goals, values, or experiences.

Status Variables

Characteristics or attributes that determine an individual's or group's social or professional standing.

Consensus Factors

Involve elements or variables that are generally agreed upon within a group or society.